Governments across the globe are using the ABS market to enhance lending, financing, and economic growth.
Boston, December 4, 2014 – As global economies continue to grow out of the 2008 economic crisis, more central banks are emphasizing the asset-backed security market as a pillar of growth and economic expansion. The European Central Bank and the People's Bank of China are now looking at this market as a way to increase lending and improve bank balance sheets. But without government support and credit enhancement, can the ABS markets in China and the EU have a significant impact on lending and loan liquidity?
This Aite Group report is supported by data analysis as well as a series of phone interviews and face-to-face meetings with market participants. It covers the history of the U.S. ABS market, the EU's and China's efforts to replicate the U.S. market, and technology innovation in the global ABS market.
This 22-page Impact Note contains 15 figures and three tables. Clients of Aite Group's Institutional Securities & Investments, Wealth Management, or Wholesale Banking services can download this report.