Chinese Banks Shy Away From Non-performing Asset ABS Market

Since the 2016 launch of asset-backed securities (ABS) market for non-performing loans (NPL) in China, the space has not taken off as expected to provide another way for the country to clear up its growing pile of bad loans. Issuance of non-performing asset BAS has declined annually, with mostly large state-owned banks major issuers and […]

Chinese Banks Shy Away From Non-performing Asset ABS Market appeared first on China Money Network.

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