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Thu, Feb 28, 2002 - Page 18 News List

Securitization can save banks

TESTED IN THE US Pundits say that implementing securitization by packaging and selling NPLs through an asset-backed securities mechanism is an excellent way of killing two economic problems with one stone

By Stanley Chou  /  STAFF REPORTER

"Before we enact the securitization law, more consideration is needed on how to eliminate the loopholes in the current draft," said Yin.

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