The loan characteristics of international commercial banks are as follows: 1. The loan interest rate is calculated according to the international financial market interest rate, and the interest rate level is relatively high.

For example, the London Interbank Offered Rate (LIBOR) in the European money market is the market interest rate, and its interest rate level is formed by the spontaneous competition between the supply and demand sides of borrowing funds.

LIBOR has the following options: 1. Lenders and borrowers should negotiate to determine the quotations of major banks in the London market.

2. Calculate the average interest rate of the interbank offered rate of two or three major banks that do not participate in this loan.

3. Calculated according to the average quotation of the lending bank and another major bank that has not participated in this loan.

4. Decided by the lending bank (lead bank).

Two, the loan can be used freely, generally not restricted by the loan bank.

Government loans sometimes restrict the purchase of goods; Export credit must closely combine loans with projects for purchasing export equipment, and project loans should be linked to specific projects; Special loans from international financial institutions are limited.

International bank loans are not subject to any restrictions from banks, and borrowers can use them freely according to their own needs.

Third, the loan method is flexible and the procedures are simple.

Government loans are not only complicated, but also the amount of each loan is limited; Loans from international financial institutions are mostly related to engineering projects, and the loan procedures are quite complicated; Export credit is restricted by many conditions.

In contrast, international bank loans are more flexible, each loan can be more or less, and the loan procedures are relatively simple.

Four, sufficient funds, allowing borrowers to choose multiple currencies.

There are a lot of idle funds in the international market. As long as the borrower's credit is reliable, a large amount of funds can be raised.

Unlike World Bank loans and government loans, it can only meet part of the project's funding needs.

Second, what is an international loan?

International bank loan refers to the borrower borrowing funds from foreign banks in the international financial market to support a project.

Loans from international financial organizations: refers to loans provided by international and regional financial organizations such as the International Monetary Fund, the World Bank (Group), the Asian Development Bank and the United Nations Fund for Agricultural Development. The loan of the national financial organization you mentioned refers to the bank loan of a country. For example, our country, company or family apply to ICBC. China Agricultural Bank applied for a loan. ?

Government loan refers to a preferential loan provided by one country to another government with its own financial funds. The loan term is long, the interest rate is low, and it has the nature of economic assistance. The Ministry of Foreign Economic Relations and Trade of China is responsible for the government loan. Government loans are loans provided and accepted in the name of bilateral governments. When borrowing international syndicated loans in China, firstly, the financial authorities should control the total loan scale from a macro perspective, and secondly, the borrowers should try their best to grasp the four links of borrowing, using, earning and repaying each international syndicated loan. The specific procedures are as follows:

-Apply for a loan. The borrower submits the power of attorney and relevant supporting documents and approval documents, such as contract, business license and government approval documents, to the entrusted bank. Entrust the entrusted bank to organize syndicated loans on behalf of the borrower.

-Accepting applications for entrusted loans. The entrusted bank submits a loan commitment letter to the borrower, indicating that it is willing to accept the entrustment of the borrower to help organize syndicated loans, but it needs the formal authorization of the borrower.

Authorization. The borrower formally submits a power of attorney to the entrusted bank, authorizing it to act as the lead bank, responsible for organizing syndicated loans and drafting relevant legal documents.

-Preparation conditions. After the lead bank is officially authorized by the borrower, it can start to hire lawyers to draft legal documents such as memorandum, loan clause structure and loan agreement according to the relevant information provided by the borrower.

-Organize a syndicate. After the loan structure terms and information memorandum are prepared, the lead bank can send an invitation to the participating banks of its choice. After receiving the invitation, the bank either agrees to the loan structure of the lead bank or makes its own quotation. After receiving the bank quotation, the lead bank will form a formal quotation through research and negotiation, submit it to the borrower and put forward opinions.

Negotiation. After receiving the quotation from the lead bank on behalf of the syndicate, the borrower should carefully consider each clause. If there are any differences, further negotiations will be held with the lead bank. Generally speaking, in order to make the negotiation have room for manoeuvre, several plans should be prepared before the negotiation, and according to the progress of the negotiation and the attitude of the other party, it is decided which terms can be conceded, how much, and which terms must be adhered to until both borrowers and lenders reach an agreement. At that time, the lead bank may entrust a lawyer to formally draft the loan agreement.

Sign. After the text of the loan agreement comes out, the borrower and the lender will discuss and negotiate the text item by item until a complete agreement is reached. Then both parties sign a loan agreement.

-abstinence. After the loan agreement is signed, the agent bank will be responsible for all the loan work. The borrower can apply for withdrawal from the correspondent bank within the withdrawal period stipulated in the loan agreement according to the progress of the project and the demand for funds.

-servicing the principal and interest. Syndicated loan agreements generally have specific provisions on the repayment period, frequency, amount and method of loan principal. Some loans can be repaid in one lump sum, and some loans must be repaid in several installments after the grace period. The latter method is more common. The number of loan repayments and the amount of each repayment shall be determined by the borrower and the borrower through consultation according to the project recovery.

Third, international loans mainly refer to 1 year or more ().

Correct c full mark: 2 points

4. What does international loan mean?

Export letter of credit package loan refers to a kind of pre-shipment export financing that enterprises (exporters) apply for from banks with letter of credit as the settlement method and the original letter of credit received as collateral and repayment certificate. This business is mainly used to provide financing for the production or acquisition of export commodities and their auxiliary expenses.