Legal Basis: General Rules for Loans Article 1 These General Rules are formulated in accordance with the Law of the People's Republic of China on the People's Bank of China and the Law of People's Republic of China (PRC) Commercial Bank for the purpose of regulating loan behavior, safeguarding the legitimate rights and interests of both borrowers and lenders, ensuring the safety of credit assets, improving the overall benefit of loan use and promoting the sustainable development of social economy.