KFB: ABS of steel

What does Standard Chartered''s takeover mean for Asia''s most successful cross-border ABS issuer?

In just 12 months, Korea First Bank has effectively reopened the Korean cross border ABS market with an unprecedented four MBS deals. It has established itself as a legitimate repeat issuer, and has helped to transform Korean ABS from an international exile to an understood and accepted asset class. Following the completion of Standard Chartered's takeover last month, we talk with Ranvir Dewan, KFB's CFO. Here he reflects on the success of the bank's MBS programme and what will the next phase bring under Standard Chartered.

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