ECB’s Coeuré: Europe faces ‘fundamental choice’ over ABS

High-quality ABS will need some form of public backing to reach potential

a photo of benoit-coeure of the ecb
Benoît Coeuré, ECB

A revamped asset-backed securitisation (ABS) market can break the traditional reliance of European borrowers on bank loans, according to Benoît Coeuré, executive board member at the