In recent decades, Least Developed Countries (LDCs) have been using their natural-resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets.
Innovation and intangible assets must become as attractive as collateral as bricks and mortar.
This is because of high risk and for not having adequate resources to provide as collateral.
This is because of high risk and for not having adequate resources to provide as collateral (Kihimbo et al. 2012).
11.46am GMT Another option for Cyprus could be to use the energy resources off its coastline as collateral for a stability fund.
Stevenson and St-Onge ([2005]) observed that women entrepreneurs in Sub-Saharan Africa are even more disadvantaged when accessing credit from commercial banks because they lack control of family resources like land which can be used as collateral to acquire loans for expanding of their micro enterprises.
In an environment in which credit histories are not documented and pooled, the bank as a lender needs to expend significant time and resources on screening the loan applicant (Aleem 1990), while the borrower has limited means, such as collateral, to signal their trustworthiness (Stiglitz et al. 1992).
At the time, it accepted a wider range of securities as collateral for cash than the Fed or the Bank of England, which allowed it to marshal more resources.
Central banks should, for example, avoid using credit ratings as the sole criterion for determining what kind of debt they accept from banks as collateral for loans, the F.S.B. said The F.S.B. acknowledged that smaller banks might not have the resources to assess every investment.
It would divert law enforcement resources away from chasing violent offenders, and toward an all-out assault on the mostly harmless undocumented, with the innocent as collateral damage.
