The IACPM released the results of its annual Global SRT Bank Survey on risk sharing transactions executed by banks through synthetic on balance-sheet securitizations. The Survey covers SRT transactions executed between 2016 and 2025.

The Survey found transaction volume increased in 2025 by 20% to €30 billion, protecting credit risk on €378 billion of loans, about half of which were issued by Global Systemically Important Banks (G-SIBs).

The continuing growth in SRT transactions highlights their effectiveness as a tool for banks to manage credit portfolio risk and free up capital in support of additional lending.

As in prior years, European Union banks are the most active institutions issuing SRTs and completed transactions in 2025 covering loan pools worth €241 billion, while North American activity remained relatively stable.

Corporate lending, along with small and medium enterprise loans, still represented over 70% of the underlying SRT loan pools in 2025. Other asset classes are diversifying, with a growing share of specialized lending, including project finance and commercial real estate, which grew from two percent of SRTs in 2024 to ten percent in 2025. Retail finance, including residential mortgages, remained steady with a 13% share of transactions.

Please click here for the full Press Release.
Please click here to access IACPM’s Global SRT Bank Survey 2016-2025 – Market Overview
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