Industrial Bank of Taiwan teams up with SG to push ABS

Taiwan has yet to use securitization. An agreement between the Industrial Bank of Taiwan and SG seeks to change that.

Rob Davies

September 20, 2001

The Industrial Bank of Taiwan (IBT), formed in 1999 to support strategic business sectors and accelerate corporate restructuring through the provision of medium and long-term financing, has signed an agreement with SG Asia to get the asset-backed securitization (ABS) market moving in the Island Republic.

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