Domestic investors in Argentina continue to favor financial trusts (fideicomisos financieros) as their instrument of choice. According to financial services company Gainvest, during the first half of the year, $1 billion of the instruments were traded, a year-on-year increase of 100%. Of the total transacted, $712 million corresponded to securitizations with underlying private risk, with most growth seen yet again in the securitization of consumer loans.
Technorati Tags: Argentina, Trust Securities, Fideicomisos Financieros, Eduardo Bravo Losada, Bravo & Bravo Losada, IGAF, IGAFLA, Accountants, CPAS, Accounting Firms, Contadores Publicos
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