Indonesia raises $3.25 bln in its biggest global sukuk sale | Reuters JAKARTA, May 25 (Reuters) – Indonesia has raised $3.25 billion by selling U.S. dollar-denominated Islamic bonds with 5-year and 10-year tenures, the country’s biggest global sukuk issuance, the finance ministry said on Wednesday.
Exclusive: Visa moves to allow payment settlements using cryptocurrency- Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry. By Noor Zainab Hussain (Reuters) Source: Exclusive: Visa moves to allow payment settlements using cryptocurrency | Reuters
Abu Dhabi National Oil Co (ADNOC) said on Monday it may sell as much as a 20 per cent stake in its fuel distribution unit, potentially raising up to $2.8bn.Analysts valued the total fuel distribution unit at between $11bn and $14bnin reports prepared by banks advising the firm on the planned listing, sources have told Reuters. Source: ADNOC listing could raise up to $2.8bn – Gulf Business
TOKYO (Reuters) – Japan’s SoftBank Group Corp (9984.T) plans to invest as much as $25 billion in Saudi Arabia over the next three to four years, Bloomberg reported on Wednesday, citing people familiar with the matter. Source: SoftBank to invest up to $25 billion in Saudi Arabia: Bloomberg
KUALA LUMPUR, Nov 6 (Reuters) – Malaysia Building Society Bhd (MBSB) said it plans to acquire Asian Finance Bank (AFB) from its foreign shareholders for 645 million ringgit ($152.5 million) in a deal that would give the non-bank lender a banking license. Source: Malaysia’s MBSB agrees to buy Asian Finance Bank for $152 mln
By Davide Barbuscia DUBAI, Oct 31 (Reuters) – Dubai-based Emirates REIT, a sharia-compliant real estate investment trust, plans to issue a debut Islamic bond of at least $300 million by the end of this year, said a source close to the company. Source: Dubai’s Emirates REIT plans debut sukuk of at least $300 mln this year – Nasdaq.com
ATHENS (Reuters) – Three of Greece’s largest lenders plan to sell up to 5.5 billion euros ($6.5 billion) in bad loans by early next year, sources said, as the country’s central bank chief called on the creaking banking sector to act faster to tackle its bad-debt problem. Source: Exclusive: Greek banks plan record sale of bad loans as pressure mounts
ZURICH (Reuters) – Activist investor RBR Capital Advisors wants to expand its stake in Credit Suisse (CSGN.S) to 1 billion Swiss francs (769.83 million pounds), as the hedge fund pushes to spin off the Swiss lender’s investment bank and asset management business. Source: Activist investor RBR wants to build $1 billion stake in Credit Suisse
LONDON (Reuters) – Goldman Sachs chief executive Lloyd Blankfein is planning to spend a lot more time in Frankfurt, he said on Thursday, as the Wall Street bank pushes ahead with plans to make the German city a major base after Britain leaves the European Union. Source: In blow to Britain, Goldman CEO says to spend more time in Frankfurt
