| Credit Funds
| refer to the funds issued as loans by
banking institutions. The sources of credit funds of
the banking institutions included deposits, liabilities
to international financial institutions, currency in
circulation, self-owned funds and current retained profits,
etc. The credit funds can be used in forms of loans,
gold, foreign exchange, government debt and assets in
the international financial institutions.
|
| Deposit
| is a form of credit by which enterprises, institutions,
organizations or households can put money into banks
and other credit institutions for safekeeping and interest
earning under the principle of free withdrawal. According
to different depositors, deposits are divided into enterprise
deposits, treasury deposits, deposits of government
agencies and organizations, capital construction deposits,
urban savings deposits, rural deposits and other deposits.
Deposits are major sources of the credit funds of banks.
|
| Loan
| is a form of credit by which banks and
other credit institutions provide funds at certain interest
rate to enterprises and individuals in the light of
the principle of unconditional repayment. Loans from
Chinese banks include circulating capital loans, fixed
assets loans, loans to urban and rural individuals engaged
in industrial and commercial business and agricultural
loans.
|
| Insurance Companies
| refer to commercial insurance companies
of various forms registered by law and established in
China with the approval of insurance regulatory agencies.
|
| Amount Insured
| refers to the maximum that the insurant
will get for the claim of the case insured.
|
| Premium
| is the fee paid by the insurant to the
insurer to obtain the obligation of compensation from
the insurance within the agreed terms.
|
