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Saudi Investment Bank Sells $533m Capital-Boosting Sukuk

Published: 08/06/2014 07:25:02 AM GMT
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Saudi Investment Bank (Saib) has completed a SAR2 billion ($533.3 million) capital-boosting sukuk issue, it said on Thursday, the latest lender in the kingdom to offer such an instrument to enhance its reserves. (more)

Saudi Investment Bank (Saib) has completed a SAR2 billion ($533.3 million) capital-boosting sukuk issue, it said on Thursday, the latest lender in the kingdom to offer such an instrument to enhance its reserves.

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