CCB to make NPL securitization debut

Rev Hui

September 14, 2016 09:45 am

ccb px230 — Harbin, China. 1st September 2015 -- A plane flies over China construction bank's logo in Harbin, Heilongjiang province, China. The country's second-largest lender, has reported a big rise in the sums it is loaning for infrastructure projects. -- China Construction Bank (CCB), the country's second-largest lender, has reported a big rise in the sums it is loaning for infrastructure projects, which the government has identified as a key focus to drive economic growth in China. China Construction Bank's infrastructure loans surge | Tao Zhang / Demotix/Demotix/Press Association Images

China Construction Bank (CCB) is set to become the fourth Chinese lender to securitize nonperforming loans (NPLs) with a Rmb702m ($105m) offering scheduled to launch on September 20.

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Topics

CITIC Securities China Merchants Bank Co China China International Capital Corp China Construction Bank Greater China Asia Northeast Asia RMBS Asia Pacific Securitization Emerging Markets

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Rev Hui