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Islamic Bank of Asia ‘excited’ by bank rule changes in Malaysia

Posted on 06 May 2009

From Themalaysianinsider.com: Singapore’s Islamic Bank of Asia (IB Asia) is ‘very excited’ by the news that Malaysia is opening up its banking sector further to foreign players and will consider taking a stake in an Islamic bank there or applying for a local banking licence in future, chief executive Vince Cook said yesterday.

“That’s something we’d definitely be considering,” he told reporters here in a conference call to announce a new product for the bank……Full Article: Source

 
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