Click here for search results
Increasing access to credit through reforming secured transactions in the MENA Region, Volume 1
Author:Alvarez de la Campa, Alejandro; Country:Middle East and North Africa;
Date Stored:2011/03/24Document Date:2011/03/01
Document Type:Policy Research Working PaperSubTopics:Bankruptcy and Resolution of Financial Distress; Access to Finance; Emerging Markets; Debt Markets; E-Business
Language:EnglishRegion:Middle East and North Africa
Report Number:WPS5613Collection Title:Policy Research working paper ; no. WPS 5613
Volume No:1  

Summary: This paper provides a comparative summary of secured transactions systems related to the use of movable property as collateral in the MENA region vis a vis international practices in countries with modern secured transactions systems. The paper sets out the importance of introducing reforms in the area of secured transactions with the objective of increasing access to credit for businesses, particularly SMEs. The MENA region clearly lags behind all other regions in the introduction of secured transactions reforms. The paper summarizes many of the weaknesses common across the region. The two main critical areas that need urgent reforms are the creation of modern secured transactions laws and electronic movable collateral registries, and the need to improve enforcement mechanisms for security interests in movable property.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 42 pagesOfficial version*2.94 (approx.)
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: