Standby loan refers to a legally binding credit commitment issued by the bank to meet the borrower's financing needs in a certain period of time in the future, allowing him to withdraw the loan according to the conditions agreed in the contract when necessary. Internationally, standby loan refers to the basic loan provided by the International Monetary Fund to member countries, usually with a term of 1 or 2 years, which is mainly used to help member countries overcome short-term balance of payments difficulties. The loan conditions focus on macroeconomic policies.