In June 2011, the Bank introduced a special scheme, as part of its overall support measures, that established a new line of credit for equity investments and asset-based lending (ABL), which, unlike traditional lending, uses assets that are closely tied to firms’ businesses – such as their inventories, equipment, and machines, as well as accounts receivables – as collateral.
Interlinking, in fact, means reusing existing infrastructure and reducing implementation times and costs. Fast payment systems have the greatest potential for interlinking. They operate on a continuous basis, allowing for a full overlap of operating hours for 24/7 access across jurisdictions. They generally have a high degree of semantic interoperability (i.e.