Was it difficult to get bank loans in the 1990s?
In the 1990s, bank loans were very easy. At that time, bank management was relatively loose, for example, deposits did not require ID cards. In order to develop the economy, banks lend a lot to the society, and the income is also very low. At that time, there was even a phenomenon that bank personnel went into enterprises to sell loans. This is how the first rich people in China got rich.