A jump in lending in many parts of Europe, coupled with stronger economic growth and higher employment, should help bolster the performance of securitizations in Europe, according to Fitch Ratings.

But deals still face downside risks, particularly interest rates, which are now low, or even negative, but are bound to start rising at some point. Also the jobless rate is quite high in some countries despite progress. The jobless rate in Spain, for instance, remains stubbornly high at 21.6%.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.