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Our Bureau

Hyderabad , May 6

Global credit rating and indices firm Standard & Poor's (S&P) has asked India and Asian economies, sitting pretty with high levels of savings, to wake up to the huge opportunities in securitisation.

Securitisation is a method of repackaging of loans and other prospective revenue-generating assets into tradeable securities.

Releasing a report at the 39th Annual Meeting of ADB's Board of Governors here on Saturday, Dr Joseph Hu, S&P's country head for China, said infrastructure projects in these countries were often hampered by lack of funding.

"Because of obstacles such as legal issues to the development of asset securitisation, the countries in the region are missing opportunities to improve social infrastructure," he said.

Securitisation, if facilitated well, could allow future revenue streams and cash flow of these projects to act as collaterals for their construction.

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