CMB seals NPL securitization return with micro loans

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CMB seals NPL securitization return with micro loans

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Shenzhen, China city skyline at twilight. | SeanPavonePhoto - Fotolia

China is pushing on with the development of its non-performing loans securitization market, which only restarted last month, with China Merchants Bank (CMB) sealing the asset class’s third transaction.

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