Tue, Dec 23, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Public Investment Fund to fund home finance company’s capital

Posted on 11 February 2010

From Albawaba.com: The Public Inestment Fund (PIF) issued its approval to contribute 20 percent of the new home finance company’s total capital of SAR 2 billion. This represents the single largest investment in a mortgage company in the history of PIF.
The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank Group, is currently attracting founding sponsors for the new home financing company and are scheduled to close remaining investment by end of February 2010………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 15434 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031