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The Nexus
BUSINESSJul 16 · 16:13 UTCTHE RIO TIMESRichard Mann

Brazilian Bank BTG Pactual Opens Its Securitization Platform to Rivals

Brazilian Bank BTG Pactual is allowing competitors to use its BSec securitization system, shifting to earn fees from transaction volume. This move enables third-party managers to convert illiquid receivables into tradeable securities, providing new funding options for Brazilian companies.

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