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There is an aggressive hunt for yield by issuance-starved investors in the Gulf
The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
Books were more than double the deal's size at launch
The company is expanding outside Turkey, such as into Saudi Arabia
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Manama, Bahrain -20 September 2011 - 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 242.5%.
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Karachi, September 19, 2011: JCR-VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength rating of UBL Insurers Limited (UIL) at ‘A’ (Single A). Outlook on the assigned rating is ‘Stable’.
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Karachi, September 19, 2011: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the fund stability rating of Namco Income Fund (NIF) at 'A(f)' (Single A (f)).
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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It is my pleasure to wish all of you a warm welcome to this Third Annual International Conference on Financial Crime and Terrorism Financing.? We are indeed privileged today to have the? presence of Yang Berhormat Dato' Seri Hishammuddin Tun Hussein, Minister of Home Affairs of Malaysia, who has kindly agreed to deliver the keynote address, and officiate the opening of this conference.? His presence reflects the significance placed by the Government of Malaysia on the roles and contributions of the financial sector in supporting the national agenda to combat and reduce crime, particularly economic and financial crime as well as terrorist financing, which is crucial in maintaining the integrity and stability of our financial system. On behalf of the financial sector, I wish to extend our gratitude to Yang Berhormat Dato' Seri for gracing today's event.