Bulgarian-based company Trans Investment has applied for a licence to operate in the Bulgarian capital markets. According to market reports, Trans Investment, which is co-owned by Petrol Holding (70%) and Greece’s Emporiki Bank (30%), intends to securitize consumer loan receivables, kicking off with a securitization of credit card receivables from Bulgaria’s national credit card operator, Transcard.
Trans Investment to securitize credit cards
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