Why banks take security

This paper aims to understand, through a literature critique, the motivation behind banks to be secured creditors given the current law governing security as well as other factors affecting banks' lending activities. In addition, this paper also analyses the role that securities play in banks&#...

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Bibliographic Details
Main Authors: Ang, Siok Bing, Hu, Shimin, Qiu, Yunru
Other Authors: Wee, Meng Seng
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/9615
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Institution: Nanyang Technological University
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Summary:This paper aims to understand, through a literature critique, the motivation behind banks to be secured creditors given the current law governing security as well as other factors affecting banks' lending activities. In addition, this paper also analyses the role that securities play in banks' lending decisions.