Maybank and RB Capital ink landmark RM751mil Islamic financing deal

  • Business
  • Wednesday, 06 Apr 2016

SINGAPORE: Malayan Banking Bhd (Maybank) and Singapore-based RB Capital inked a S$260mil (RM751mil) Islamic financing deal, one of the biggest Islamic deals in Singapore.

The landmark deal involved a 442-room mid-tier Holiday Inn Express Singapore Clarke Quay as the underlying security.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , maybank


Next In Business News

ABM: Banking industry will thrive under Abdul Rasheed’s leadership at Bank Negara
Delinquent office loans trouble commercial mortgage bond market
Calls for clear reforms
Second half 2023 likely bodes well for Bursa
Bond market key to ending Sri Lanka’s crisis
Another washout quarter
Tech firms face challenges from weak ringgit, softening markets
Digitalisation of insurance claims
Pioneering sustainability in property and construction

Others Also Read