Materials for handling syndicated loan of China Bank:

1. Power of Attorney for syndicated loan;

2. loan application;

3. Certificate or power of attorney from the legal representative of the enterprise, resolutions of the board of directors and articles of association;

4. Business license that has passed the annual examination;

5. The audited financial statements and recent financial statements of the borrower in the last three years;

6. Relevant materials of guarantee (including documents proving the ownership of mortgaged property, evaluation report, etc.). , as well as the guarantor's business license, copy of financial statements and letter of intent for guarantee, etc. );

7. Other documents and certificates required by China Bank.

The above contents are for your reference. Please refer to the actual business regulations.

What does syndicated loan mean?

Syndicated loans are also called "syndicated loans". A banking group led by one or more banks that are allowed to operate loan business, with the participation of many banks and non-bank financial institutions, adopts the same loan agreement and provides financing to the same borrower according to the agreed terms and conditions. Products serve large and medium-sized enterprises, enterprise groups and national key construction projects with huge capital needs. When the amount of funds sought by borrowers is so large that no single bank can bear the credit risk of borrowers, the demand for banking groups arises. The users of the syndicated loan market are borrowers seeking a large amount of financing in the bank loan market.

1. The loan amount is large and the term is long. It can meet the long-term and large capital needs of borrowers. It is generally used for new project loans, large-scale equipment leasing and enterprise merger and acquisition financing in transportation, petrochemical, telecommunications, electric power and other industries.

2. Financing takes less time and energy. After the borrower and the host bank reach an agreement on the loan terms, the host bank is responsible for forming a syndicate. In the loan execution stage, the borrower does not need to face all members of the syndicate, and the related loan management work such as withdrawal, repayment of principal and interest is completed by the agent bank.

3. Syndicated loans operate in various forms. In the same syndicated loan, various forms of loans can be provided according to the needs of borrowers, such as term loans, revolving loans, standby letter of credit lines, etc. At the same time, different currencies or currency combinations such as RMB, USD, EUR and GBP can be selected according to the needs of borrowers.

4. It is beneficial for the borrower to establish a good market image. The successful establishment of the syndicate is based on the full recognition of the financial and operating conditions of the borrowers by the participating banks, and the borrowers can take this opportunity to expand their reputation.

5. Members of a syndicated loan shall decide their credit granting behavior independently according to the principles of "information sharing, independent examination and approval, independent decision-making and risk-taking", and enjoy the corresponding rights and obligations under the syndicated loan according to the actual committed share.

6. When a single bank acts as the lead bank, its loan share shall not be less than 20% of the total syndicated financing in principle; The share allocated to other syndicated loan members shall not be less than 50% in principle. According to the responsibility of the lead bank for the final arrangement of the loan, the syndicated loan distributed by the lead bank can be divided into three types: full underwriting, partial underwriting and best promotion.

7. A syndicated agent bank refers to a bank that collects funds to provide loans to borrowers according to the amount and progress determined by the relevant loan conditions after the signing of the syndicated loan agreement, and accepts the syndicate's entrustment to manage the syndicated funds according to the responsibilities stipulated in the syndicated loan agreement. The correspondent bank may be the lead bank or determined by the members of the syndicated loan through consultation.

What is a syndicated loan?

According to the laws of our country, syndicated loan refers to the loan or credit business provided by two or more banks to borrowers through correspondent banks at the agreed time and proportion on the basis of the same loan conditions and loan agreements.

SyndicatedLoan, also known as syndicated loan, is a kind of loan method, which is led by one or several banks authorized to operate loan business, and a banking group composed of several banks and non-bank financial institutions adopts the same loan agreement and provides financing to the same borrower according to the agreed term and conditions. International syndicate is a banking group composed of many banks in different countries.

Products serve large and medium-sized enterprises, enterprise groups and national key construction projects with huge capital needs.

The number of "syndicated loans" involved in accounting subjects is 1324.

This account accounts for the loans granted by our bank as the lead bank and participating bank according to the share agreed in the syndicated loan agreement.

Main accounting treatment of syndicated loans

(1) When a bank issues a loan, it shall debit this account according to its share, and credit such subjects as "unit deposit" and "deposit with the central bank";

(2) At the end of the period, when the loan interest is calculated and confirmed according to the regulations, the host bank will debit the "interest receivable" account and credit the "interest income" according to its share in the syndicated loan interest. The lead bank shall register the part of syndicated loan interest enjoyed by the participating banks off the balance sheet. Participating banks shall debit "interest receivable" and credit "interest income" according to their share of syndicated loan interest.

When the host bank actually receives the interest of the syndicated loan, it debits the subjects such as "money deposited in the central bank" and "unit deposit", credits the subject of "interest receivable" according to its share, and credits the subject of "other payables" according to its difference. When the host bank transfers the loan interest to the participating banks, it shall debit the "other payables" account and credit the "deposits with the central bank" and "interbank deposits" account according to the transferred interest; According to the interest received, each participating bank debits the subject of "deposit with the central bank" and credits "interest receivable".

(3) At the end of the period, the syndicated loan shall be comprehensively inspected, and the loan loss reserve shall be set aside reasonably. We should find out the reasons why syndicated loans cannot be recovered. If it is really irrecoverable, if it is approved as a bad debt loss, it shall write off the extracted loan loss reserve, debit the subject of "loan loss reserve" and credit it to this subject.

Once the loan loss reserve is confirmed, it shall not be reversed.

(4) When the principal and interest are recovered at maturity, the host bank or participating bank shall debit the subjects such as "deposit with the central bank" and "unit deposit" according to the recovered amount, credit the subjects according to the received loan principal, credit the subjects of "interest receivable" according to the accrued interest, and credit the subjects of "interest income" according to the difference.

If the principal and interest of the participating banks are collected by the host bank, the host bank will debit the subjects of "deposit with the central bank" and "unit deposit" and credit the subjects of "other payables" when receiving the principal and interest of the loans belonging to the participating banks. When the lead bank transfers the loan principal and interest to the participating banks, it shall debit the "other payables" account and credit the "deposit with the central bank" account according to the transferred principal and interest; Participating banks should debit the subjects of "deposit with the central bank" and "unit deposit" according to the principal and interest received, credit the subjects of "interest receivable" according to the accrued interest, and credit the subjects of "interest income" according to the difference.

This course should be detailed accounting according to the borrower.

The debit balance at the end of this course reflects the loan balance issued by the bank as the lead bank or participating bank.

What are the advantages of China Bank's syndicated loan business?

Advantages of syndicated loan products of China Bank;

1. The financing structure of syndicated loans is flexible and diverse, which can fully meet the long-term and large demand of borrowers;

2. During the execution of the loan, the borrower does not need to face all the member banks of the syndicate, and the related loan management work such as withdrawal, repayment of principal and interest is completed by the agent bank, which makes the loan management of the borrower simple;

3. The borrower successfully raises the funds needed for development through syndicated loans, which can positively evaluate the borrower's operation and financial status on behalf of several banks and form a good publicity for the borrower's external image;

4. Through syndicated loans, borrowers can establish credit relations with a number of banks and broaden financing channels.

The above contents are for your reference. Please refer to the actual business regulations.