ABC keeps NPL securitization momentum going

Rev Hui

August 01, 2016 11:15 AM

abc px230 — In this July 6, 2010 photo, a woman walks past the entrance of an Agricultural Bank of China branch in Beijing, China. State-owned Agricultural Bank of China Ltd. held steady in its trading debut Thursday, July 15, 2010, after raising up to $22.1 billion in a mammoth initial public offering despite the global crisis and concern about its profitability. (AP Photo/Alexander F. Yuan) | Alexander F. Yuan/AP/Press Association Images

The budding Chinese non-performing loans securitization market recorded its fourth transaction in little more than two months with Agricultural Bank of China (ABC) completing a Rmb3.06bn ($462m) offering — the largest on record since the asset class restarted this year.

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Topics

China Greater China Asia Northeast Asia RMBS Asia Pacific Agricultural Bank of China Securitization Emerging Markets

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Rev Hui