Credit granting refers to the behavior that banks directly provide financial support to customers or guarantee customers' credit to third parties in related economic activities. According to the term, it is divided into short-term credit and long-term credit. Credit extension includes on-balance-sheet business such as loan, bill financing, financial leasing, trade financing, overdraft and various advances, as well as off-balance-sheet business such as bill acceptance, letter of credit, letter of guarantee, standby letter of credit, letter of credit confirmation, bond issuance guarantee, loan guarantee, asset sale with recourse and unused irrevocable loan commitment.

Credit granting refers to all kinds of credit granting activities of commercial banks, such as customer investigation, business acceptance, analysis and evaluation, credit granting decision and implementation, post-loan management, and problem credit management.

Commercial banks should follow the principle of "implementing conditions first, then implementing credit" when implementing conditional credit. Non-execution of credit conditions or changes in conditions without making a new decision shall not be executed.

Credit cannot be equated with loans, and credit is a general concept of risk control. Loans are loans issued by banks or other credit institutions to borrowers, which must be repaid and interest paid within a certain period of time.