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Boeing Bank Recovers $500M Sukuk
Bobbyeen Bank announced that it redeemed perpetual bonds valued at $500 million, issued in April 2021, on October 1, 2026, after fulfilling all necessary procedures and approvals. The operation was carried out within the additional first tranche of capital, with no significant impact on the bank's financial position. Additionally, the bank achieved profits of 54.72 million Kuwaiti dinars during the first half of the year, reflecting a 5% increase compared to the same period last year.
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