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Islamic Finance Briefing - Categorized | Banking, Private Equity more

Islamic bank seeking private cash to expand

Posted on 04 December 2008

From Istockanalyst.com: The Birmingham-based Islamic Bank of Britain is looking to expand after a successful trip to the Middle East to find development funding.

And while the amount raised may pale in comparison to the pounds 5.8 billion package Barclays got from Gulf investors, the bank says it will be using the money to expand in response to a huge increase in demand for its services….. Full Article: Source

 
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