13.02.2013 - Turkey's Islamic banks consider subordinated sukuk issues
Strong investor demand and a need to improve capital adequacy ratios are causing Turkey's Islamic banks to consider issuing subordinated sukuk, bankers and analysts say. Ibrahim Oguducu, head of the financial institutions business at Bank Asya, the country's largest Islamic bank, said longer-tenor subordinated sukuk would help balance mismatches between the maturities of banks' liabilities and assets, while diversifying their funding sources...............................................Full Article: Source
Print