Russian Bank Looks To Structured Finance
- BNP Paribas: Cetelem finds partner in Russia. // MarketWatch: Global Round-up;September 2004, Vol. 3 Issue 9, p104
Highlights the agreement signed by European consumer credit card provider Cetelem with Russian Standard Group to acquire a 50% stake in the Russian group's financial holding, which controls more than 90% of Russian Standard Bank (RSB). Aspects of the transaction subject to approval from the...
- Korea's LG Card launches first deal of the year. R. D. // Asset Securitization Report;9/18/2006, Vol. 6 Issue 35, p25
The article reports on the launch of Korean consumer finance provider LG Card Co. Ltd.'s (LG) first 2006 deal. Merrill Lynch & Co. Inc. is the arranger on the $500 million transaction, which is backed by a mixed pool of credit cards and auto loans. Credit cards account for 73.3 percent of the...
- Russian Standard launches auto loan deal. F. O. // Asset Securitization Report;10/23/2006, Vol. 6 Issue 40, p23
The article reports on the launch of a $313 million auto loan transaction by Russian Standard Bank (RSB). RSB Senior vice president Levan Zolatarev said that they are aiming to increase their investor base after achieving class A and B notes ratings. In addition, the growth of the Russian...
- A robust market ahead for South Korea in second half of '02. Corrigan, Colleen // Asset Securitization Report;8/5/2002, Vol. 2 Issue 31, p16
Reports on the expectations of an unstable securitization market in South Korea. Reference to a report issued by Standard & Poor's; Development of a non-bank consumer finance industry; Increase in the number of delinquencies in the securitization market.
- Could Credit Card Debt Be Next $950B Blowup? Barney, Lee // Money Management Executive;11/12/2007, Vol. 15 Issue 43, p3
The article looks at the implications of the ballooning loan defaults, questionable collateralized debt obligations and subprime loans, and consumer credit card debt in the U.S. Much as the subprime crisis has hurt a wide variety of banks and asset managers invested in asset-backed securities,...
- Consumer credit where it's due. Lynch, Aileen // Money Marketing;1/22/2015, Issue 1469, p42
The article discusses the correct permissions that should be in place, through the Financial Conduct Authority (FCA), when conducting consumer credit business.
- RSB hits the road with Russia's first public consumer ABS. F. O. // Asset Securitization Report;3/13/2006, Vol. 6 Issue 10, p26
The article reports on the launch of Russia's first public consumer asset-backed securities deal by Russian Standard Bank. The transaction is sized at â‚¬300 million and consists of three tranches. Meanwhile, Moody's Investors Service Inc. and Standard & Poor's rate the â‚¬228 million...
- 1Q08 Lead Manager Ranking Bears Scars of Meltdown. D. M. // Asset Securitization Report;4/7/2008, Vol. 8 Issue 14, p9
The article focuses on the effect of subprime mortgage issuance on the asset securitization market. The issuance declined to 71.7% from the $225.6 billion in transactions that the industry has completed at the end of the first quarter of 2007. With this regard, leading investment banks are...
- Edison ends an era. Gregory, Michael // Asset Securitization Report;3/8/2004, Vol. 4 Issue 10, p1
Reports on the decision made by Edison Securitization Corp. to stop funding new assets in the U.S. Consolidated entities and assets of Edison; Securitization transactions with third-party conduits and through public market term securitization; Commercial and consumer lending activities.