During 2009, Banque Accord carried out a transaction involving the securitisation of part of its revolving credit portfolio. |
Lack of securitisation possibilities is the principal reason that credit has dried up now. |
The recent law on securitisation creates potential for an entirely new family of products. |
In particular where credit risk is transferred by securitisation, investors should make their decisions only after conducting thorough due diligence, for which they need adequate information about the securitisations. |
It has turned out that it was the regulated sector that had been allowed to run amok with little understood securitisation vehicles. |
The group also manages financial arrangements in partnership with its clients' banks via securitisation operations. |