South Korean cross-border issuance of ABS will be spurred along by two developments in 2011, according to a report on structured finance in ex-Japan Asia by Moody’s Investors Service. One is the maturity of several credit-card and auto loan deals this year. The other is the arrival of potential new originators among credit card businesses freshly spun off by banks.   

Bank of Korea predicts 4.5% economic growth in 2011, on the heels of last year’s estimated 6.1% expansion.

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