Crédit Agricole plans synthetic ABS expansion

David Bell

August 11, 2016 05:30 PM

Credit Agricole 230 — Sign of Credit Agricole Bank, is seen in Nice, southeastern France, Wednesday, Sept. 14, 2011. Moody's on Wednesday downgraded the credit ratings of French banks Societe Generale and Credit Agricole following a period of huge volatility in the markets as investors fretted about their potential exposure to the debts of Greece. (AP Photo/Lionel Cironneau ) | Lionel Cironneau/AP/Press Association Images

Crédit Agricole could expand its synthetic securitization programme to cover more asset classes, after closing a deal to achieve balance sheet relief on a €1bn portfolio of European corporate loans.

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Topics

Securitization Securitization - CLOs Crédit Agricole

DB

David Bell