The main risks of carbon asset pledge credit business do not include cer output risk. Credit extension refers to the act of a bank directly providing financial support to a customer or guaranteeing the customer's credit in relevant economic activities to a third party.

About credit

1. Principles:

Commercial banks should follow the following principles in granting credit to their business functional departments and branch service areas and their customers :

(1) Differential credit granting should be implemented based on factors such as the level of economic development, economic and financial management capabilities, occupation and use of credit funds, and financial risk status in different regions.

(2) Different credit lines should be determined based on factors such as the business management level, asset-liability ratio, and loan repayment ability of different customers.

(3) Credit lines for various regions and customers should be adjusted in a timely manner based on the financial risks in each region and the credit changes of customers.

(4) Within the determined credit limit, the amount and actual loan amount of each loan should be specifically determined based on the actual local and customer financial needs, repayment ability, credit policy and the bank's ability to provide loans. lump sum. The credit limit is not the planned loan limit, nor the allocated loan size, but the internal control loan limit implemented by commercial banks to control regional and customer risks.

2. Credit granting methods:

Commercial bank credit is divided into two methods: basic credit granting and special credit granting. Basic credit refers to the credit limit determined by commercial banks based on national credit policies and the basic conditions of each region and customer. Special credit refers to the credit granted by commercial banks to special financing projects and exceeding the basic credit limit based on national policies, changes in market conditions and special needs of customers. Credit extension from a commercial bank shall require a written credit letter. The authorizer and the attorney should sign and seal the authorization letter.

The credit letter should include the following contents:

(1) The full name of the credit grantor;

(2) The full name of the creditee;

( 3) Category and term of credit;

(4) Provisions on limiting excess credit and other contents that the credit grantor deems necessary.

The credit letter of a commercial bank should be submitted to the People's Bank of China for filing at the same level of jurisdiction. Credit letters involving foreign exchange business should be reported to the bureau with the same jurisdiction as the Administration of Foreign Exchange for record, and sub-authorization should also be reported to the head office of the commercial bank for record. When commercial banking functional departments and branches at all levels sign business contracts with customers, they must present credit letters to them, and both parties should sign the contract within the credit scope stipulated in the credit letter.