21.11.2012 - Bank Rakyat’s RM1bln Islamic medium term notes well received
In preparation for Basel III, Bank Rakyat has launched its first sukuk issuance to raise RM1bil under an Islamic medium term notes programme. The issuance would raise RM300mil under its three-year term notes and RM700mil under its five-year term notes. Bank Rakyat managing director Datuk Yusof Abdul Rahman said the sukuk issuance was part of the bank's effort to restructure the bank's fund and to raise funds for the long and medium term..............................................Full Article: Source
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