Does the execution storm include online loans?

Legal analysis: included. Execution Storm, China.com Henan Channel is an important portal website in Henan. It is a local comprehensive portal owned by China.com Company that integrates news information, interactive community, and industry information. It provides Henan netizens with the most comprehensive and fastest localized information.

Legal basis: "Law of the People's Republic of China on Commercial Banks"

Article 5: Business transactions between commercial banks and customers shall be based on equality, voluntariness, fairness and good faith principle.

Article 6: Commercial banks shall protect the legitimate rights and interests of depositors from infringement by any unit or individual.

Article 7 When conducting credit business, commercial banks shall strictly examine the credit standing of borrowers, implement guarantees, and ensure that loans are recovered on time.

Commercial banks recover the principal and interest of due loans from borrowers in accordance with the law and are protected by law.

Article 8 When conducting business, commercial banks shall abide by the relevant provisions of laws and administrative regulations, and shall not harm national interests or the interests of the public.

Article 9 When conducting business, commercial banks shall abide by the principle of fair competition and shall not engage in unfair competition.

Article 10 A commercial bank shall accept the supervision and management of the banking regulatory agency of the State Council in accordance with the law, but if the law stipulates that its relevant business shall be subject to the supervision and management of other regulatory departments or institutions, such provisions shall prevail.