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Russian Standard bank mulls ABS deals

February 06, 2008 | Prime-Tass

Russian Standard bank plans an ABS deal for a portfolio of credit cards worth $400-500m in Q1 2008, according to Dmitry Levin, the bank’s president.

He also announced the intention to securitise consumer loans amounting to $100-200m.

Dmitry Levin stressed that the bank doesn’t plan to issue Eurobonds, but intends to focus on ABS deals, syndicated loans and developing deposits.

Company: Russian Standard Bank

Full company nameJoint Stock Company "Russian Standard Bank"
Country of riskRussia
Country of registrationRussia
IndustryBanks

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