Page 5 - Finance Framework News Today

A “Climate Modifier” bonus for top executives is among the tactics being used to advance the Royal Bank of Cana

Dubai Islamic Bank (DIB), rated A3 by Moody’s and A by Fitch successfully priced its second Sustainable Sukuk – a landmark $1 billion 5.5-year senior issue

Dubai Islamic Bank (DIB), rated A3 by Moodys and A by Fitch has successfully priced its 2nd Sustainable Sukuk – a $1 billion 5.5-year senior issue with a profit rate of 4.8% per annum and spread of 102.4bps over 5-Year US Treasuries.

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 US Treasuries.The Sukuk was issued in line with DIB’s Sustainable Finance Framework, which was created to facilitate financing of green and social initiatives and projects. This deal achieved several landmarks including the largest issuance ...

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

Saudi wealth fund PIF (Public Investment Fund) said it has raised $5.5 billion through its second green bond. The proceeds of the bond, will be used to fund its green investments, in accordance with its Green Finance Framework.

PIF raises $5.5 billion from green bond sale

Dr. Nureddin Nebati (pictured), minister of Treasure and Finance of the Republic of Türkiye has been in Brussels this week for a series of key meetings, writes Martin Banks. On 26 January he was in the European Parliament for a conference entitled: Challenges and opportunities for the economic ties between EU and Türkiye in a period […]

DIB delivered a record-breaking annual net profit of AED 5.6 billion, up 26% YoY. Considerable rise in total income by 20% YoY to AED 14 billion. ... | January 25, 2023

According to the Bank for International Settlements, global liquidity in 2021 reached an unprecedented $175 trillion, twice global GDP. That figure set the tone for th...