A changing landscape
Asia’s ABS market has been dominated by the securitisation of consumer finance receivables but other asset classes are expected to play a larger role this year, writes Saima Farooqi
The Asian asset-backed securities (ABS) market is well and truly back on its feet. After the crisis that rocked the market in 1998, business is once again booming, with volumes more than doubling last year, following double-digit growth in 2001. The sharp rise in South Korean consumer finance-backed deals has almost single-handedly been responsible for the increase in ABS volumes over the
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