credit-granting definition
credit-granting means a commitment fixed in writing in a credit agreement between the creditor and the debtor for the availability of a specific line of credit in return for a commission, as well as the creditor’s commitment, subject to specific contractual conditions, to conclude a loan agreement or conduct other credit operations,
credit-granting means Party A shall comprehensively evaluate the management situations and risk factors of Party B, and define the credit line of Party B, which includes foreign currency loans, trade financing, acceptance of bills, discount on bills, the opening of L/Cs, guarantees or the like.
credit-granting means any type of financial activities related to credit exposure such as credit lending and securities lending to its customers. There are the ceilings such as the stipulation that "total credit granting should be within its total capitals" and operating conditions requirements such as the "ceiling on total amount of credit to a single borrower applied to any security companies regardless of its nationality. There are no ceilings, operating conditions or requirements that are uniquely applied to foreign participants who grant credit to its customers.