11 July 2007 - It is likely that a securitisation transaction in Serbia will take place soon. The following factors might support the Serbian banks in entering into securitisation transactions: (i) the favourable Serbian banking environment, (ii) outstanding growth in Serbia of mortgage and SME loans, (iii) strong competition among Serbian banks, (iv) existing lending caps, and (v) the banks' aim to refinance with foreign capital markets.

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