Ford Super News Ticker Report post Posted May 27, 2014 Ford Automotive Finance (China), Ford Motor Credit Company’s subsidiary in China, has completed its first asset-backed securitization (ABS) in China to support the financing of Ford-brand vehicle sales. Ford Automotive Finance (China) is the first wholly foreign-owned auto finance company to complete an ABS transaction – for 800 million renminbi – in China under the most recent ABS pilot program governed by the China Banking Regulatory Commission and the People’s Bank of China. View the full article Quote Share this post Link to post Share on other sites
