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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Vneshtorgbank works on sukuk

Posted on 19 July 2010

From Arabnews.com: Vneshtorgbank (VTB), the Russian foreign trade bank, has confirmed that it has resumed work on a possible sukuk issuance and a range of other Islamic financial products aimed at Russian corporates and international investors.
Stanislav Yankovets, VTB’s managing director of strategic development, Middle East and North Africa, explained during the Moscow Islamic Finance Forum in May that VTB Capital, a wholly-owned subsidiary of VTB, has resumed work on issuing a sukuk through its Dubai entity VTB Capital Dubai……………………………………….Full Article: Source

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