KFW (German Credit Bank for Reconstruction) was established in 1948, earlier than the German federal government. The government of a company is closely related to the content of the German banking system. Headquartered in Frankfurt, the company has maintained a branch office in Berlin since 1994. In 2007, the World Bank launched the Certified Consultant Program.
German entrepreneurs provide high-quality market docking services. At present, Germany and China are the only countries certified by the bank, namely Berlin.
Second, what is bank credit in China?
Legal analysis: bank credit refers to monetary lending with interest as the intermediary. Bank credit is an economic activity in which banks temporarily lend some deposits to enterprises and institutions for use, and recover them within the agreed time and charge a certain interest.
Legal basis: guiding principles of credit risk classification Article 11 Loan classification is an important part of credit management of commercial banks. In the process of loan classification, commercial banks should at least do the following six aspects:
(a) establish and improve the internal control system, improve the credit laws, regulations and methods;
(2) Establish an effective credit organization and management system;
(3) Separate loans;
(four) improve the credit file management system to ensure the continuity and integrity of the loan file;
(five) improve the management information system to ensure that the management can obtain important information about the loan situation in a timely manner;
(6) urging borrowers to provide true and accurate financial information.
3. What is credit? Isn't the credit loan guaranteed? Then why are mortgages usually called credit funds?
Credit refers to the form of value movement on the condition of repayment and interest payment. It usually includes credit activities such as bank deposits and loans. In a narrow sense, it only refers to bank loans, which is the same as "credit" in a broad sense.
Credit includes deposits and loans. Loans are divided into credit loans, guaranteed payments and mortgage loans.
Four. Brief introduction of bank credit
Credit, that is, credit and lending. Bank credit refers to monetary lending with interest as the intermediary.
In this paper, the bank is used as an intermediary to define the credit form and its development stage. It only refers to lending through banks, excluding commercial credit between enterprises, national credit issued by financial bonds, private credit between individuals and consumer credit between merchants and consumers, not to mention the pre-capitalist society. Nowadays, banks have developed into professional and independent financial intermediaries, specializing in indirect financing of deposit currency operation, which can be combined with securities credit, commercial credit and consumer credit and incorporated into their own circulation.
The condition of repayment of interest means that the loan must be conditional and the premise of repayment of principal and interest must be set. Banks engaged in borrowing, using and collecting debts must abide by the general principle of debt, that is, repay interest, otherwise it will lead to bankruptcy and endanger society. Financial allocation, enterprise's own funds, charitable donations, gifts, relief and other funds do not need to be conditional on debt service.
Money lending means that the object of lending can only be money, and it is impossible to engage in physical lending. Banks only deal in money, and there is no difference between money and goods. They can be exchanged with all commodities and represent all the wealth of society. Only when the bank's lending behavior is widely social can it play a role in guiding the rational flow of social resources and help reduce the costs of both borrowers and lenders.