ASB Capital to Manage Kuwaiti Sukuk
The article discusses Kuwait International Bank's issuance of $500 million in Sukuk, managed by ASB Capital. The news highlights the success of this issuance, which received subscription requests exceeding $1 billion—the largest demand in the regional market. This step is part of the bank's efforts to strengthen its capital and diversify its financing tools. It also underscores the strength of the group's investment banking platform and its support for regional and international financial institutions, while expanding its presence in the Kuwaiti market and the Gulf Cooperation Council (GCC) countries.
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