Collateral is at the heart of the modern financial system and plays an essential role in business and financial cycles … Chinese bank loan collateral structure. It shows that facing the tension between heightened uncertainty and government mandate … of credit expansion during the global financial crisis (GFC), banks significantly raise collateral requirements while …

Collateral is at the heart of modern financial system and plays an essential role in business and financial cycles … Chinese bank loan collateral structure. It shows that facing the tension between heightened uncertainty and government mandate … of credit expansion during the global financial crisis (GFC), banks significantly raise collateral requirements while …

-lending revenues, and those that pledge collateral, especially outside assets and real estate, experience less credit rationing …