PCS awards its first ever label

Today, November 28th, PCS awarded its first ever label. The label was awarded to Bilkreditt 3, an auto loan transaction originated by Santander in Norway.

The first PCS Label signals the start of a new era in European securitisation where the increasingly understood need for a strong securitisation market to fund the real economy is balanced with the imperative to maintain a European market that is safe, strong and transparent.  More information can be found in the press release below.

First Label Press Release