This is the last step of loan approval. However, not all loan applications need to be reviewed by the CBRC. According to the Interim Measures for the Quality Management of Credit Assets of Commercial Banks, banks can make their own decisions for loans with small scale and low risk, while loans with large scale and high risk need internal approval and must be reported to the CBRC for approval. In the process of approving bank loans, the CBRC's review may involve many aspects, such as whether the purpose of loans is legal and compliant, the credit history and repayment ability of loan customers, etc.