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Saudi Hollandi raises $206m in bonds

  • Saudi Arabia: Wednesday, December 31 - 2008 at 13:36

Saudi Hollandi Bank, partly owned by ABN Amro Holding, said it raised 775 million riyals ($206m) as part of its plan to increase capital by selling Islamic bonds. The bank received shareholder approval in November to raise 1.5 billion riyals selling Sukuk.

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