A new law is in the works to bring a broader definition of collateral for bank loans. As a result, not only immovable property, but also fixed deposits or immovable property like gold, silver, ...

Collateral is a valuable asset (like a car, house or even cash) you can pledge to secure a loan. If you fail to repay your loan, the lender can seize whatever you've put up as collateral. Financial ...

The Secure Transactions of (Moveable Assets) Bill 2023 was placed in parliament today aiming to bring movable property under the definition of collateral for bank loans. Finance Minister AHM Mustafa ...

A secured loan is a loan that has collateral attached to it. This type of loan generally has a lower interest rate, because the bank is taking a lower risk because it ...