Al Rayan Bank prints UK Sukuk first

Al Rayan Bank hit a number of firsts in February to become the only bank outside of a Muslim majority country to print a public Sukuk backed by residential mortgages, and the bank’s treasurer tells EMEA Finance that the deal will hopefully encourage other Islamic banks to tap the market.  

Unsung heros

As KYC requirements become more complex, many financial institutions are calling for specialist third parties to save the day.

Concejo takes Societe Generale FIG helm

Societe Generale CIB has appointed Jose Enrique Concejo as global head of its financial institution group (FIG), and the new man in charge tells EMEA Finance that widespread optimism is finally making a return to the banking sector. 

DBK’s international tenge gambit pays off

The Development Bank of Kazakhstan (DBK) took a novel step when it went to the international bond markets for tenge debt at the beginning of December, in a trade that is expected to kick start a wave of similar transactions in 2018.