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Question 2 (10 Marks) Mr. Pinto is the newly appointed Managing Director at Worldwide Bank Jamaica Ltd, a small boutique commercial bank. He was at

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Question 2 (10 Marks) Mr. Pinto is the newly appointed Managing Director at Worldwide Bank Jamaica Ltd, a small boutique commercial bank. He was at a meeting recently with industry colleagues when the word Securitisation was mentioned. He wants to assess alteratives facing the bank and has now requested you, a Senior Credit Analyst, to present for the next management meeting, a paper setting out and describing at least three circumstances under which the use of securitization could benefit Worldwide Bank Jamaica Ltd. He has also requested that you use a local example to support one of your answers. (10 marks)

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