Rabobank transfers risk for new lending
Rabobank has transferred the risk on a large book of corporate loans via securitization to Pensioenfonds Zorg en Welzijn (PFZW), a move that reduces the bank’s risk weighted assets by €1bn and will free up room to make new loans.
Rabobank has announced that it transferred part of the risk on a €3bn portfolio of commercial loans to European and North American customers to the Dutch pension fund PFZW. The synthetic securitization was closed in the third quarter of 2017.
As a result, Rabobank said it
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