Automaker approved to securitize car loans

Stock Markets

Friday, October 10, 2008 21:04:37

	Automaker approved to securitize car loans By STAFF EDITOR Published: November 28, 2007 12:00 PM GMAC, General Motors financial arm, received approval from the banking regulator Tuesday to issue securities related to car loans through its China joint venture GMAC-SAIC Automotive Finance, the 21st Century Business Herald. It is now waiting for the central bank’s approval, which is expected to come before the ... You are currently reading 51 words of 155 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: finance , Central Bank , China Banking , General Motors	More Articles in Stock Markets > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > State-owned assets set to flood mainland stock market Ping An triggers stock slide Desire to invest in stocks, real estate hits 10-year low Shanghai stocks sees record daily gain US stocks opened to QDII funds SPDB bank to raise US$3.5b on share offer Zhejiang businessman draining capital from financial markets

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