SRC gets the green light to securitize mortgage portfolios
The move is expected to deepen the Saudi housing finance market and free up bank capital for new lending
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The move is expected to deepen the Saudi housing finance market and free up bank capital for new lending
The move aims to fuel growth in the local housing market
The transaction is the Kingdom’s largest mortgage portfolio acquisition to date
PLUS: Saudi venture capital invests in a PE fund by Aliph Capital
The percentage of Saudi households owning homes is up 16.7 percentage points from 2016
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