After a hectic Easter period on the ex-Japan Asian securitization scene, activity slowed last week. Behind the scenes, however, bankers continue to finalize details on upcoming deals as well as hunt new business.

In Singapore, the first steps were taken towards establishing a securitization program aimed at helping small and medium sized entities raise funds. SPRING, the government body in charge of assisting these entities, and DBS Bank, its advisor on the project, launched the SME Access Loan product, which will benefit 300 small companies.

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