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Most recent/Bond comments/Ad
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New agreement not a done deal, but this is the furthest Ethiopia has got to in restructuring its bonds
The trade, like previous yen issuance, carries a guarantee
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Five year bond set to be priced much tighter than the development bank's last senior issue
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National Bank of Kenya (NBK) has launched an Islamic banking business as part of its expansion into the retail and corporate segments.
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Gulf African Bank (GAB), an Islamic bank based in Kenya, has signed a KSh100m ($1.2m) agreement with the African Guarantee Fund (AGF) to support lending to small and medium-sized enterprises (SME) in the country.
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Shariah compliant insurance company Amana Takaful (Maldives) has reported a MVR8.7m ($566,000) consolidated profit for 2012, its first year of operation as a listed entity.
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Presented by Peter Hodgins (Partner) and Vasilis Katsipis (GM, Market Development) at Am Best, at The World Takaful Conference
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CORRECTION: African Bank did not proceed with the below transaction, postponing it on Friday February 8 following an announcement by the National Credit Regulator that related to an investigation into the bank.
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Manama, Bahrain –18 December 2012 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been subscribed by 100%.