Auto asset-backed securities: number of loans Europe 2017, by country

This statistic illustrates the number of loans on Auto asset-backed securities (ABS) for the asset-backed securities market in Europe as of July 2017, broken down by country. Asset-backed securities (ABS) are financial securities backed by a loan, lease or receivables against certain classes of assets. They offer the opportunity to invest in a wide variety of income-generating assets to investors. The process of securitization denotes pooling the usually illiquid assets together. Through this, they are made marketable and give issuers the way to generate more capital, used for more lending. It can be seen that there were more than 6.1 million loans on Auto asset-backed securities for the market in Germany as of mid-year 2017.