PGGM synthetic sends message to regulators

• Autores: Lizzie Meager
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 35, Nº. 5 (2/8/2016), 2016
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports that Dutch pension fund PGGM has finalized a risk-sharing agreement with banking firm Santander for synthetic securitization of 2.3 billion euros, as of February 2016. It notes that the deal allows PGGM to sell credit insurance against small- and medium-enterprise (SME) loans offered by Santander. It cites that synthetic securitization initiatives can help banks release capital and continue lending to SMEs.