Examples of Pledged Deposits in a sentence
We find that desirable collateral types that are liquid and/or nondivertible, such as Pledged Deposits, Bank Guarantees, Creditor-Held Movable Assets, and Collateral Bonds, are negative and statistically significant in all three regressions.
Liquid is an indicator variable that takes a value of one for collateral identified as either: Pledged Deposits, Bank Guarantees, or Securities.Asset divertibility is another important collateral characteristic.
Restricted and Pledged Deposits 30 June2014RMB’000(Unaudited)31 December2013RMB’000(Audited) To secure for: – payment of construction costs of development projects—53,233– others4,4604,427 4,460 57,660 Skyfame Realty (Holdings) LimitedInterim Report 2014Notes to the Condensed Consolidated Financial Statements (Continued)For the six months ended 30 June 2014 13.
Finally, we replace the indicators for collateral in general and the three collateral characteristics with a vector of collateral types (described above): Collateral Typesijkt = Pledged Deposits, Bank Guarantees, Securities, Creditor-Held Movable Assets, Debtor-Held Movable Assets, Residential Real Estate, Commercial Real Estate, Collateral Bonds, and Vehicles (equation 3).The vector Firmjt accounts for differences in firm characteristics, particularly legal structure and past loan performance problems.
Pledged Deposits Pledged deposits primarily consists of bank deposits pledged as security for purchasers’ mortgage loans in the amount of RMB95.9 million, RMB171.1 million and RMB287.7 million as at December 31, 2018, 2019 and 2020, respectively, and bank deposits pledged as security for construction of projects in the amount of bank deposits of RMB6.6 million, RMB8.6 million and RMB19.6 million as of December 31, 2018, 2019 and 2020, respectively.