Sun, Dec 21, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

Kuwait’s NBK gets cenbank nod to raise Boubyan stake

Posted on 11 April 2012

National Bank of Kuwait (NBK) said on Tuesday it received the Kuwaiti central bank’s approval to increase its stake in Boubyan Bank to 60 percent from 47.29 percent.
The approval is valid for three months starting April 8, the statement added. NBK, the country’s largest lender, has been building its Islamic banking business and in April last year raised its stake in Islamic lender Boubyan Bank to 47 percent………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031