Dubai Islamic Bank weighs capital-raising in 2018 -CEO
Dubai Islamic Bank (DIB) plans to raise capital in 2018 to help support an expected double-digit rise in loan growth. DIB's CEO Adnan Chilwan said the bank was considering options including a rights issue and an issue of Islamic bonds. The final decision will be subject to regulatory approvals. The bank is now targeting loan growth of between 10 and 15% in 2018, the same target it set for 2017.
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