The borrower shall establish a loan lead bank relationship with the lender who opened the basic account in accordance with the provisions of the People's Bank of China.

For major economic activities involving the use and safety of credit funds, such as enterprise separation, shareholding system reform and major project construction, the borrower shall solicit the opinions of the host bank in advance. 1 borrower can only have 1 loan sponsor, and the sponsor will change with the change of basic account.

The lead bank does not include funds, but should provide loans to borrowers in a planned way according to regulations, and provide necessary financial services such as information consultation and agency.

The system and implementation measures of the loan sponsoring bank shall be formulated separately by the People's Bank of China.

Article 56 For syndicated loans, 1 lender shall be identified as the lead bank, and a syndicated loan agreement shall be signed to clarify the rights and obligations of each lender and jointly evaluate the loan project. The lead bank shall supervise the repayment of the loan according to the proportion determined in the agreement. Measures for the administration of syndicated loans shall be formulated separately by the People's Bank of China.

Article 57 Management of specific loans:

Wholly state-owned commercial banks issue and manage specific loans in accordance with the regulations of the State Council.

Measures for the administration of specific loans shall be formulated separately.

Article 58 The types, objects and scope of loans from non-bank financial institutions shall conform to the provisions of the People's Bank of China.

Article 59 Where a lender issues loans or accepts deposits in different places, it shall file a record with the local branch of the People's Bank of China.

Article 60 Credit funds shall not be used for financial expenditure.

Sixty-first administrative departments at all levels, enterprises and institutions, supply and marketing cooperatives and other cooperative economic organizations, rural cooperative foundations and other foundations shall not engage in financial services such as deposits and loans. Enterprises shall not handle lending or disguised lending financing business in violation of state regulations.