Unicorn Malaysia aims to service demand among SMEs

Unicorn International Islamic Bank Malaysia Bhd, aims to achieve transactions totalling USD 400 mn to USD 500 mn this year as the demand for medium-sized issuance, especially sukuk and cross-border transactions from small and medium enterprises, continued to be strong with a ticket size of USD 50 to 100. A focus would be on bridging and construction financing, as well as placement of equities and funds.

Unicorn has four business lines – treasury, corporate banking, investment banking, and strategic acquisitions/direct investment.