Friday 29 March 2024
 
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Auto loans

Emirates NBD sells auto loan backed ABS

Emirates NDB has sold an asset-backed securitization (ABS) of UAE auto loans worth 19 billion yen ($221 million), the first such deal from the Middle East and by the bank, the bookrunner, Citi said. The majority of the notes were rated Aa2

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Moody's assigns ratings to ENBD unit’s repack

Moody's has assigned a provisional rating of Aa2 to the repack notes issued by Emirates NBD Auto Financing, a leading auto loans provider and part of Emirates NBD, the biggest bank in the UAE by assets. Emirates NBD Auto Financing is a rep

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