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Asset-backed securitization (ABS) has...>

CHINA PRESS: Asset-backed securitization (ABS) has become a focus for banks
since interbank transactions have shrunk due to stricter regulation, Caixin
reported Thursday. Non-performing asset-backed securities are preferred by
medium and small banks to help them meet the capital adequacy ratio (CAR)
requirement for their macro-prudential assessment (MPA) by the People's Bank of
China, the report said. Banks can reuse their inventory of assets via ABS issues
and also invest in various assets in the market, the report noted. (Caixin)

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