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Tuesday, 24 November 2009 06:28 UAE time

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Islamic Development Bank (IDB)

Main Category: Commercial Bank
City : Jeddah
Country : Saudi Arabia


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IDB to start $1.5bn bond roadshow on Sept. 2

Saudi lender aiming to offer min $500m in first tranche, depending on market conditions.

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IDB to start $1.5bn bond roadshow on Sept. 2

Roadshow to start on Wednesday in Riyadh, before moving to other cities.

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IDB sets up $1.5bn bond, gets Moody's Aaa rating

Saudi bank has created a Islamic bond medium term note (MTN) programme, ratings agency says.

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Islamic finance regulation should focus more broadly - officials

Regulators must police industry systemically than focus on single institutions - industry.

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IDB aims to increase lending by 15%

The Islamic Development Bank hopes to raise extra funds via a new Shariah-compliant bond.

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Jeddah-based IDB targets 15% rise in loans, sukuk

Saudi bank plans sukuk issue in "a few months"; eyes agriculture for investments.

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World's largest sharia lender 'to launch by June'

UPDATE 1: Bahrain based bank set to have paid-up capital of $11bn - industry chief.

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Saudi-based IDB aims to boost lending during crisis

Islamic Development Bank aims to lend more than $5bn to majority-Muslim states in '09.

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Islamic bankers see sharia system strengthening

Jeddah conference debates the future of a sector now valued at $1 trillion.

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Yemen's first low-cost airline begins operations

Saudi-backed Felix Airways to fly between Sanaa and Aden, focus on domestic routes.

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IDB offers rescue funds to poor Muslim nations

Islamic Development Bank will lend money to countries struggling with rising food prices.

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IDB paid out $51bn since inception

Islamic Development Bank discloses sum of development assistance in OIC countries since began in 1975.

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Islamic microfinance needs patronage

IIFF DUBAI: Roundtable with Muhammad Yunus says poverty alleviation needs to be encouraged in sector.

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Islamic Development Bank sets up $1bn trade finance fund

IDB signs Mudaraba agreement with Islamic Trade Finance Corporation.

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Saudi largest donor to $10bn poverty reduction fund

Kingdom gives $1bn to Islamic Development Bank's fund to reduce poverty.

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Saudi to take on Danes in insulin market

Islamic Development Bank to finance Saudi insulin plant to be built near Jeddah.

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$10bn poverty fund to launch January

The Islamic Development Bank's poverty alleviation fund will start on the first day of the new Hijrah year.

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Inmaa Bank plans IPO this year

The part state-owned bank is studying the details with the Saudi Capital Markets Authority.

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Rising costs raise privatisation fears

PPPs are under threat, says a leading finance expert.

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