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IMF calls for debt securitisation to be revived

Instrument needed now in order to boost bank lending, especially to credit-starved SMEs, it says

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Debt securitisation earned itself a bad name from the global financial crisis of 2008, but the International Monetary Fund (IMF) is now seeking to reform and rehabilitate the practice on the grounds that it can bolster economic growth and the stability of the financial system.

Tokyo

DEBT securitisation earned itself a bad name from the global financial crisis of 2008, but the International Monetary Fund (IMF) is now seeking to reform and rehabilitate the practice on the grounds that it can bolster economic growth and the stability of the financial system.