First of all, bank loan approval refers to the approval document that the bank decides whether to grant loans after evaluating the borrower's credit status and repayment ability according to the loan application materials submitted by the borrower. Bank loan approval usually lists the loan amount, interest rate, repayment method, guarantee requirements and other loan-related information in detail.

Secondly, the bank loan approval is an important document for the loan applicant to obtain bank financial support. The approval of the loan also means that the borrower can meet the financial needs of individuals or enterprises to a certain extent. Therefore, the approval of bank loans is of great significance and value to loan applicants.

Although the approval of bank loans is the recognition given by banks to borrowers, it also contains some obligations. Banks will also take this opportunity to conduct risk control and credit management for borrowers. Therefore, after obtaining the loan approval, the borrower should also try his best to repay the loan on time to maintain his good credit record and reputation.