Sentence examples for collateral for lending from inspiring English sources

The threat of more downgrades has encouraged speculation that Greek government bonds might soon no longer qualify as collateral for lending operations from the European Central Bank.

Greece has slid further off course from its fiscal and economic targets: The official in charge of privatizing state enterprises resigned last week over the delays, and the European Central Bank said it would stop accepting Greek bonds as collateral for lending to that country's banks.

In a statement, the central bank said it would no longer accept Greek government bonds as collateral for lending money to commercial banks.

An ECB source said the bank's governing council was ready to resume accepting Greek government bonds as collateral for lending once necessary steps were taken for the extension and the bank determined there was a "great likelihood" that Greece would achieve a "positive conclusion" to its rescue program.

British banks have long argued that central banks should accept more kinds of securities as collateral for lending, a step that would allow the banks to offload investments of questionable value.

In view of the uncertainty, the ECB has already decided to stop accepting Greek government bonds as collateral for lending to banks.

To that end, the central bank said today that it would begin accepting bank loans that had been turned over to the government-backed Industrial Revitalization Corporation as collateral for new lending.

And if bond markets failed in their vigilante role by treating Greek sovereign debt as if it were German, the ECB did just the same when it came to the collateral it accepted for lending to banks.

European countries must guarantee Greek bonds so they will remain eligible as collateral for central bank lending.

If you are asked to loan a sum larger than you can afford to lose, you could ask for some type of collateral in exchange for you lending them money.

Michael Troth, head of Asia for Citi Trust in Singapore, said that typically the bank would lend 70 percent of the lump-sum premium and take the policy as collateral for the loan.