22.03.2012 - Re-securitising commodities financing
French banks are stepping back into funding commodities trades, after pulling back on lending last year due to a dollar liquidity shortage. But this time, it’s securitised. As the FT reports: Commodities bankers and industry executives said the securitisation would allow the industry to access fresh credit. But investors have been cautious about the new products, which the French banks including BNP and Societe Generale want to launch by the end of the year...............................................Full Article: Source
Print