Speaking at the session titled “Overview of the securitization market in Russia,” Andrey Suchkov discussed the sector’s active growth. In 2014, the volume of securitization transactions reached around 250 billion rubles, while in 2013, it had amounted to an estimated 150 billion rubles. Mortgage assets, which have also demonstrated significant growth in the past year, make up the largest share of such deals.
Andrey Suchkov noted VTB Capital’s track record in structuring securitization deals. In 2014, the company has closed a number of major transactions with such banks as URALSIB, VTB 24, Petrocommerce, MKB, and others, confirming VTB Capital’s leading market position. Moreover, Andrey Suchkov discussed securitization’s role in challenging market environment and whether it could prove to be a sound financial instrument to increase liquidity, provide additional funding sources, while also stimulate financing of the real economy.
In another session, entitled “Developing the investor base: The products investors are choosing and the factors influencing the decision to invest in Russian MBS and ABS”, moderated by Andrey Suchkov, participants raised such topics as investment potential and securitization market outlook in 2015.
The 2nd international conference “Securitization in Russia” brought together market leaders, including representatives of investment, insurance companies, banks, pension funds, rating agencies and legal firms.
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