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Fitch rates Development Bank of Kazakhstan’s Islamic medium term notes

Posted on 27 August 2012

Fitch Ratings has assigned the Development Bank of Kazakhstan’s (DBK) Islamic Medium Term Note Programme, which has a total value of up to MYR 1.5 billion Malaysian Ringgits (about $479 million), a final rating of ‘BBB-’.
The agency has also assigned a ‘BBB-’ rating to the debut five-year MYR 240 million issue of Sukuk under the programme………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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