Monday 17, November 2008 by
Push for securitisation to move markets
The report explores the key drivers Moody's believes are behind the future growth of a securitisation market in the GCC. Firstly, home finance is still relatively new in the region and despite current events, the long term demand for housing is predicted to grow steeply given predicted demographic and immigration patterns. “Both the public and private sectors in the GCC have been heavily focused on the supply side of the real estate equation but the demand side too needs major funding especially in the current environment,” said Khalid Howladar, a Moody's Vice President—Senior Credit Officer and author of the report.
