Bank Rakyat chief executive officer Datuk Rosman Mohamed said the Sukuk programme would also enable the bank to obtain long term funding with a fixed rate in addition to diversifying the long term funding composition.
KUALA LUMPUR (Bernama): The Bank Rakyat’s Sukuk Wakalah programme with a nominal value of RM10bil can diversify its portfolio while increasing the regulatory ratio for the banking business’ needs.
Bank Rakyat chief executive officer Datuk Rosman Mohamed said the Sukuk programme would also enable the bank to obtain long-term funding with a fixed rate in addition to diversifying the long term funding composition.
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