Argentina expands collateral for farmers
Central bank aims to expand credit for key agricultural sector
The Central Bank of Argentina (BCRA) will allow farmers to use leasehold estate as collateral for loans, it announced on August 10. The decision aims to expand credit for the agriculture sector, which accounts for over 50% of the country’s exports and 10% of GDP.
More than 64% of Argentine producers are not the owners of the land they exploit, which has traditionally limited their access to credit. This has curbed their capacity to invest in machinery and new forms of production, which has long
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Collateral Risk Management
ECB to accept green bonds as collateral
Green asset purchases also possible subject to programme-specific criteria
Assessing credit risk post-crisis at a central bank
How the Bank of Canada has developed its own credit assessment processes
ECB relaxes collateral eligibility rules
Broader range of lower quality assets now acceptable under ECB collateral rules; move should help Spanish banks after results of stress test reveal a potential €62 billion capital shortfall
BIS working paper studies collateral requirements
Research estimates collateral requirements for mandatory central clearing of over-the-counter derivatives; finds major dealers already have ample assets to meet initial margin requirements
SNB bans Tepco debt as collateral
Swiss National Bank places Tepco debt on its list of collateral excluded from use in open market operations