Legal analysis: bank loans are different from bank loans. Bank loans are the funds that enterprises borrow from banks to make up for their own shortage of funds according to the needs of production and operation. Bank loans only refer to enterprise legal persons or institutions, and enterprise legal persons have stronger repayment ability, so they are called loans. Bank loans are generally used for all natural persons or legal persons who lend money to financial institutions. Farmers (natural persons) borrow from credit cooperatives, which can be said to be bank loans, but it cannot be said to be bank loans.

Legal basis: Article 23 of the Law of the People's Republic of China on the People's Bank of China, the People's Bank of China can implement monetary policy by using the following monetary policy tools: (1) requiring banking financial institutions to deposit reserves in a prescribed proportion; (2) Determining the benchmark interest rate of the central bank; (3) handling rediscount for banking financial institutions that have opened accounts with the People's Bank of China; (4) Providing loans to commercial banks; (5) buying and selling treasury bonds, other government bonds, financial bonds and foreign exchange in the open market; (6) Other monetary policy instruments determined by the State Council. The People's Bank of China may prescribe specific conditions and procedures when applying the monetary policy tools listed in the preceding paragraph for the implementation of monetary policy.