What is the meaning of bank credit?

1, the meaning of bank credit refers to the funds provided by commercial banks to individual customers, or the funds provided to guarantee customers in the compensation and payment responsibilities that may arise from customers' related economic activities.

2. Bank credit can be divided into short-term credit and medium-and long-term credit, and its business scope generally includes loans, trade financing, bill financing, financial leasing, overdraft, bond issuance guarantee and loan guarantee.