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EIIB, LMC agreement
- Bahrain: Sunday, December 10 - 2006 at 12:19
The UK's European Islamic Investment Bank and Bahrain's Liquidity Management Centre have signed an agreement that covers areas of potential co-operation including treasury, capital markets, asset management and corporate finance. A key focus of the agreement will be the sukuk market, with work on enhancing secondary market liquidity, new issue innovation and appropriate standardisation of market practices. The EIIB recently opened an office in Bahrain.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 10 - 2006 at 12:19 UAE local time (GMT+4)
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This article was updated on Sat Jan 13 2007.
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