توريق القروض الرهنية كآلية لإعادة التمويل في القانون رقم 06-05

الملخص EN

The securitization is one of the results produced of modern financial engineering, whereby banks and financial institutions are allowed to waive their financial rights in favor of others, by transferring them and the related guarantees to specialized intermediary institutions, in order to issue in return for them securities that are traded in the stock exchange.

The securitization is a new mechanism for refinancing banks and financial institutions, by reselling securities representing loans to investors in the financial market, that is why the Algerian legislator created it under law No 06-05 that includes the securitization of mortgage loans.