Bank credit agreement – in most jurisdictions, the bank credit agreement is a type of contract, signed between the bank, on one hand (the lender) and the client (the borrower), who needs to receive cash money for temporary usage, on the other. Usually the banks give credits against interest in the region of several percentages, as stipulated in the credit loan contract. This is how they usually make profit – from the amount of the interest refunded together with the principal.