Every time they make a loan, they credit the loan proceeds to the borrower's checking deposit, and the money supply, most of which consists of such deposits, increases.
He also asserted that, the recent auctioning of the cocoa syndicated loan proceeds by the central bank was to also an avenue see cedi depreciate considerably.
In the event of the company's bankruptcy, the corporate trust company represents the interests of the bondholders and acts to recover as much of the loan proceeds as possible.