DUBAI, 13th February, 2023 (WAM) Dubai Islamic Bank (DIB) has successfully priced its second Sustainable Sukuk – a landmark US$1 billion 5.5-year senior issue with a profit rate of 4.80 percent per annum, representing a spread of 102.4 bps over 5-Year
Dubai Islamic Bank (DIB), rated A3 by Moody s and A by Fitch, has successfully priced its inaugural Sustainable Sukuk, a landmark $750 million 5-year senior issue with a profit rate of 5.493% per annum.
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Fitch Ratings has revised eight Saudi banks outlooks to Positive from Stable and affirmed their Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at BBB+ .
Fitch Ratings has revised eight Saudi banks outlooks to Positive from Stable and affirmed their Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at BBB+ .