Islamic Finance
Mergers & Acquisitions
Uncategorized
Qatar Islamic Bank purchase of BankAsya stake would be credit positive for BankAsya
Moody’s believes this is credit positive for BankAsya because QIB is in a position to strengthen BankAsya’s relatively lean capital base and increase its resilience against tighter domestic and global liquidity. As of year-end 2013, BankAsya reported consolidated total assets of $13.0 billion, total equity of $1.2 billion, an 11.6…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: CPI Financial