KUALA LUMPUR: SME Bank Bhd will issue a RM3 billion government-guaranteed Islamic Medium-Term Notes Programme (IMTN Programme) with tenure of up to 20 years for its syariah-compliant working capital requirements.
Its managing director, Datuk Mohd Radzif Mohd Yunus, said the first issuance of the IMTN programme would employ the wakalah structure, which was widely accepted in the Gulf Cooperation Council region.
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