article 35 of the law of the people's Republic of China on commercial banks, a commercial bank shall strictly examine the borrower's loan purpose, repayment ability and repayment method. Commercial bank loans shall be subject to the system of separation of loan examination and grading examination and approval.
article 36 when a commercial bank lends money, the borrower shall provide a guarantee. Commercial banks should strictly examine the repayment ability of guarantors, the ownership and value of collateral and pledge, and the feasibility of realizing mortgage and pledge. After examination and evaluation by a commercial bank, it is confirmed that the borrower's credit standing is good and the loan can be repaid, and no guarantee may be provided. Article 37 A commercial bank shall conclude a written contract with the borrower when making a loan. The contract shall stipulate the loan type, loan purpose, amount, interest rate, repayment period, repayment method, liability for breach of contract and other matters that both parties think need to be agreed.