In the European money market, syndicated loan is a financing tool and a form in which many banks jointly provide funds to borrowers. Syndicated loans are generally used for financing large enterprises or projects, with the advantages of large financing scale, long financing cycle and scattered risks. In the syndicated loan, a number of banks share the loan amount and risk according to the agreed proportion, and a major bank is responsible for coordinating and managing the whole loan. Syndicated loans usually require borrowers to provide guarantees and pay interest and repayment according to the contract.