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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Public» Malaysian sukuk issued in accordance with the standards of the Basel 3

    Rocky
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    Public» Malaysian sukuk issued in accordance with the standards of the Basel 3  Empty Public» Malaysian sukuk issued in accordance with the standards of the Basel 3

    Post by Rocky Thu 27 Feb 2014, 4:21 am

    Public» Malaysian sukuk issued in accordance with the standards of the Basel 3



    Date Published: Thursday, February 27, 2014

    KUALA LUMPUR (Reuters) - The service Aye. F.. R., a subsidiary of Thomson Reuters, the arm of the Islamic transactions for bank Public Bank, the third largest bank in Malaysia, submitted a proposal to the central bank to issue a sukuk worth five billion RM (1.5 billion dollars) to meet the standards of the Basel 3 .

    Under Basel 3, which implemented in phases over a period of time extending for several years, banks raise their capital, and issue new types of bonds can be written off or converted into equity at a time of crisis.

    Bankers said that Islamic banks in Malaysia is moving slowly towards the capital increase, for reasons including that it does not see an urgent need for additional capital.






    And showed a notice to the Central Bank to Bank Public Islamische wholly owned bank Public Bank may be the third Malaysian bank issued instruments commitment Basel 3 standards.



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