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Sharjah authorize banks to issue instruments in September

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rocky
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Sharjah authorize banks to issue instruments in September

Post by rocky on Tue 29 Jul 2014, 4:20 am

Sharjah authorize banks to issue instruments in September

 


Source: 
London - Reuters
Date:  July 29, 2014

 
Banks appointed Sharjah H. S. Me. C and the Abu Dhabi National and Standard Chartered to manage the process of issuing the first instruments posed. He said one of the sources that Sharjah Islamic Bank and the investment banking arm of Kuwait Finance House also participate in arranging the deal. Has put instruments in September.
Ras Al Khaimah and raised three versions of the instruments and Ranked   A ‬ ‬ from both Standard & Poor's and Fitch, while I got on the classification of Sharjah   A3 ‬ ‬ from Moody's and   A ‬ ‬ from Standard & Poor's.
In her first report on the deployment of Sharjah in May, said Moody's credit rating that the rating   A3 ‬ ‬ came thanks to the robustness of the financial situation of the emirate and the development of government debt and the diversity of the economy.
 


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