Product classification

Money lending

Money lending

Money lending banks or other financial institutions in the course of business the credit event on interchangeable positions. This is a temporary adjustment lending and short positions to positions of banks or other financial institutions to borrow funds. A shorter lending period, some only need one or two days. In Western countries, Exchange Broker to borrow from banks is often used this way. Such lending activities are often needed as collateral such as stocks, bonds, and on the next day after receiving notice from the lender that is to be repaid and when borrowers fail to repay, the lender is entitled to dispose of the collateral. Money lending in China not long ago, mainly interbank business between financial institutions.

 

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