China Bank to Transform $1.6 Billion of Bad Debt Into Securities – Bloomberg
The Straits Times |
China Bank to Transform $1.6 Billion of Bad Debt Into Securities
Bloomberg Agricultural Bank of China Ltd. is planning China's largest sale so far under a trial program for lenders to offload bad loans by packaging them up as asset-backed securities. The lender plans to sell securities backed by 10.7 billion yuan ($1.6 … Chinese Students in the US Fear the Yuan's FallWall Street Journal (blog) China's Yuan Problem – It Wants It Lower But It Doesn't Want It Going LowerForbes Yuan Stays in Range on PBOC GuidanceDailyFX South China Morning Post –Economic Times –THE BUSINESS TIMES –The Star Online all 73 news articles » |