Raiffeisen Russia hires VTB securitization pair

RBI
By Owen Sanderson
24 Jun 2014

Raiffeisen Bank has hired a team of two from VTB to develop its Russian domestic market securitization business, ahead of a new securitization law which will take effect from July 1.

Rais Mukhametov and Artem Iskandarov joined Raiffeisen in May, with Mukhametov taking the title of head of securitization Russia. Mukhametov was involved in running one of the first cross-border Russian securitizations, RMBS 2006-1.

The new securitization law will allow Russian banks to securitize consumer loans, autos and SME ...

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