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null Hong Leong Bank concludes inaugural RM300m socially sustainable securitisation exercise

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Hong Leong Bank concludes inaugural RM300m socially sustainable securitisation exercise

13 Aug 2021 | Friday Source: The Edge Markets

Hong Leong Bank (HLB) and Hong Leong Islamic Bank (HLIB) have completed a socially sustainable securitisation exercise worth a total of RM300 million to the National Mortgage Corporation of Malaysia, Cagamas Bhd.

The transactions involved three-year socially sustainable securitisations of HLB and HLIB’s affordable home loans and financing worth RM200 million and RM100 million, respectively. 

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