Housing-Estate.com, Jakarta – President Director of PT Sarana Multigriya Financial (SMF / Persero) Ananta Wiyogo stating the magnitude of the potential financing from the capital markets through securitization of mortgage banking assets in instruments Asset-Backed Securities (ABS). This is one way of increasing liquidity to distribute mortgages with funds and long-term. “SMF was held to establish and develop the secondary mortgage market through securitization and financing,” said Ananta on Economy Outlook 2017 event in Jakarta, Tuesday (22/11).
Ananta Wiyogo
From in 2009 up to October 2016 has distributed SMF Rp26,45 trillion worth of securitization and issuance of debt securities amounted to Rp15,042 trillion. Lending so far no jammed (NPL 0%). This is because underlying its quality is a property asset whose value rises steadily.
Director of Investment Management Supervision Department of Capital Markets, Financial Services Authority (FSA) Sujanto added, there is considerable resistance from banks to channel mortgages and potential of the market The capital has not been widely explored to provide a source of cheap funds and long-term.
“Digitally EBA instrument is a transformation of illiquid assets into liquid, reducing the mismatch, as an alternative financing, and improve banking financial ratios. For investors also benefit because the return of its competitive and more predictable than stocks folatil, “he added.
EBA published by SMF which is a collection of a receivable asset KPR distribution to the public. Asset is securitized and sold on the stock market to investors and the current EBA published SMF always get a rating of triple A as collateral investments are secure and profitable.
“So that is what we need to dig deeper into the potential of the stock market this.
0 Response to "Capital Markets Not Excavated For Housing Financing"
Post a Comment