Saturday 23 November 2024
 
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Malaysia bank

Malaysia bank eyeing $307m sukuk issue

Malaysia's Bank Islam, wholly-owned by BIMB Holdings, has set up a one billion ringgit ($307 million) subordinated Islamic bond programme, the latest Asian bank to use the structure to boost regulatory capital. With Basel III

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Abu Dhabi backs key Malaysia bank merger

Abu Dhabi will remain a substantial shareholder in Malaysian lender RHB Capital and is supportive of a potential merger involving the bank, Malaysian Prime Minister Najib Razak said. RHB, Malaysia's fifth-largest lender with a market value

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