Saudi lender NCB raises 1 bln riyal capital-boosting sukuk
Saudi Arabia's National Commercial Bank became the latest lender in the kingdom to announce the sale of a capital-boosting Islamic bond, raising 1 billion riyals ($267 million) through a sukuk which will enhance its core capital. The kingdom's largest bank said on Monday the privately-placed sukuk, which would boost its…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters