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Dubai Islamic Bank rules out further debt issuance in 2017
April 11, 2017 / 10:02 AM / 8 months ago

Dubai Islamic Bank rules out further debt issuance in 2017

DUBAI, April 11 (Reuters) - Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, has no plans to issue further debt in 2017, Chief Executive Adnan Chilwan said on Tuesday.

The bank in February issued a five-year $1 billion sukuk.

Reporting by Tom Arnold, editing by Louise Heavens

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