China plans to expand securitization of bank loans

08/28/2013 | China Daily (Beijing) · Market News International · Reuters · Bloomberg

China's State Council has approved expanding a trial program that sells bonds backed by bank loans. The council is allowing the sale of securitized low-risk assets on stock exchanges to improve banks' liquidity. High-risk assets are excluded, the council says.

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China Daily (Beijing) · Market News International · Reuters · Bloomberg

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