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Book attrition rates rise and coverage ratios decline
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
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Istanbul, 16 May 2012 - An agreement to facilitate international cooperation between the two organisations in providing relevant activities relating to training and education in Islamic economics and Islamic finance was signed today by the slamic Financial Services Board (IFSB) and Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC).
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Manama, Bahrain -15th May 2012 - The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 175%.
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Manama, Bahrain –15th May 2012 – The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 175%.
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Manama, Bahrain: ABC Islamic Bank today announced a net profit of US$1.6 million for the first quarter of 2012. A higher net profit of US$3 million for the first quarter of last year was mainly due to a one-off revenue item of US$1.3 million, which indicates that on a comparable basis, net profit had been steady.