Securitisation, especially for small and medium-sized enterprises, can build a bridge between credit-driven bank financing and capital markets. In my view, securitisation could be a very important instrument for tackling the financing challenges associated with the green and digital transformations of European economies. Accordingly, the Bundesbank hosted an event about the role of securitisation for sustainable finance in Düsseldorf in the middle of October.
[10] Furthermore, in collaboration with the German Federal Ministry of Finance and Federal Ministry for Economic Affairs and Climate Action, we have established an expert group to explore the potential of securitisation for small and medium-sized banks. Loan-level data could potentially play a key part in investors’ evaluations of the sustainability of a given asset-backed security.