CCB to make NPL securitization debut

ccb px230
By Rev Hui
14 Sep 2016

China Construction Bank (CCB) is set to become the fourth Chinese lender to securitize nonperforming loans (NPLs) with a Rmb702m ($105m) offering scheduled to launch on September 20.

This would be China’s fifth NPL securitization following the asset class’ reboot earlier this year, which began with Bank of China (BOC) and China Merchants Bank (CMB) at the end of May.

CMB followed that up with a second NPL securitization a month later before the originator pool ...

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