Hello, you mean that syndicated loans can only be initiated by banks? Syndicated loans can only be initiated by banks, which refers to loans issued by two or more banks to the same borrower or the same project. According to the national regulatory regulations, syndicated loans must be initiated by banks, with one bank as the initiating bank and other banks as the subordinate banks to participate in the loans and share the risks. Therefore, syndicated loans can only be initiated by banks, not by other institutions or enterprises. Syndicated loans are usually used to finance large-scale projects, which have the advantages of large financing scale and low financing cost. Therefore, syndicated loans can only be initiated by banks, which means that syndicated loans refer to loans issued by two or more banks to the same borrower or the same project.