Photo Credit: Arabianeye-Reuters
QIB
QIBK
QIBK
Doha-Mubasher: Qatar Islamic Bank (QIB) said it issued QAR 2 billion in Basel III compliant additional tier 1 perpetual sukuk to enhance the bank’s capital adequacy ratios and to support future business growth.
The transaction was completed on 30 June 2015, according to a filing to the Qatar Stock Exchange.
QIB is expected to announce on 13 July its financial statements for the first half ended 30 June, 2015.
Source:
Mubasher
