All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Emerging MarketsAfrica

Albaraka Turk looks to boost capital with old-style tier two update

albarakaturk230x150.jpg

Turkish bank, Albaraka Turk is hoping to update its old-style tier two sukuk debt to make it eligible as capital under Basel III and has asked investors to approve the inclusion of a point of non-viability (PONV) clause.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree