TITLE

Russian Bank Looks To Structured Finance

AUTHOR(S)
Ossa, Felipe
PUB. DATE
August 2006
SOURCE
Investment Dealers' Digest;8/14/2006, Vol. 72 Issue 32, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the growth in consumer finance asset-backed securities (ABS), maneuvered by Russian Standard Bank (RSB), Russia's biggest privately-owned consumer lending bank. The growth would satiate the forecast made by German bank HypoVereinsbank which alleges that Russian markets will crank out $2.5 billion in mortgage-backed and other ABS. For furtherance, RSB is also planning to make a splash in the auto loan and credit sectors.
ACCESSION #
21984342

 

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