Islamic Finance
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Largest Saudi Bank NCB Eyes $1.1 Billion Sukuk
The largest Saudi lender by assets, National Commercial Bank NCMBK.UL, plans to issue Islamic bonds worth about 4 billion riyals. the bank's chairman said on Thursday, part of a wave of bank capital raising in the kingdom. Lending has soared in Saudi Arabia on the back of robust economic growth,…
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Click here to read the full story: Reuters