Banks will take into account collateral. They will take into account guarantees when making the loan. Within that context, they will also have to assess the viability of the institution or the individual making the guarantee.
November 1st, 2012 / 11:05 a.m.
Vice-President, Policy and Operations, Canadian Bankers Association
Banks will take into account collateral. They will take into account guarantees when making the loan. Within that context, they will also have to assess the viability of the institution or the individual making the guarantee.
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