Islamic Bank Of Thailand: Plan THB5B Sukuk By 1H 2011
The Islamic Bank of Thailand plans to issue THB5 billion ($169.15 million) in long-awaited Islamic bonds by the first half of next year if the interest rate environment remains conducive.
In 2011, income contribution from the retail business is expected to rise to 40%-45% of operations and reach 60% in 2012.
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