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Islamic Finance Briefing - Categorized | Banking, Market Moves more

BIMB not opposed to the idea of buying debt-ridden Dubai Group’s stake in Bank Islam

Posted on 17 September 2012

If the latest developments around BIMB Holdings Bhd are anything to go by, the Islamic financial services group may be shaping up to be one to watch.
Just last week, after it came to light that legal proceedings have been lobbed at Dubai Group over its US$10bil debt, tongues got wagging about what would become of the 30.5% interest it held in Bank Islam, of which 51% belongs to BIMB………………………………………..Full Article: Source

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


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