| ETX bank has just launched a property loan product, following an extensive product approval process. The product is aimed at older, existing bank customers with an existing good track record and who already own their own homes. ETX's aim is to meet an increasing demand within this customer group to purchase a second property for investment purposes or to use as a holiday home. Advice and information about the new product will be delivered through TX's branches as well as its internet, mobile and digital platforms. Applications can also be made using any of these channels. This has been made possible because of significant investment by the bank into market-leading artificial intelligence. ETX has recently won a prestigious industry award for its innovative approach to the provision of a seamless customer service experience. Every loan granted has to be supported by appropriate collateral lodged by the borrower so that the bank's regulatory capital requirements are kept to a minimum. In the early stages, ETX will carefully monitor the level of capital it needs to maintain until it establishes a clearer picture regarding product uptake and average loan size that results from the availability of this new product. How would this new financial product appear on the personal balance sheet of a successful applicant? The product would appear as: 1. a decrease in the applicant's current assets. 2. a decrease in the applicant's liabilities. 3. an increase in the applicant's current assets. 4. an increase in the applicant's liabilities