Feb 07 2009 |
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Kuwait Finance House gives $300m boost
KUALA LUMPUR: Islamic bank Kuwait Finance House Malaysia said yesterday it has received a $300 million capital injection from its parent. That leaves the bank, a subsidiary of Kuwait Finance House , Kuwait's biggest Islamic lender, with paid-up capital of $500 million."The strong liquidity and capital position enables us to look at and seriously evaluate various investment opportunities in Malaysia and within the region," K Salman Younis, Kuwait Finance Malaysia Managing Director said in a statement.
© Kuwait Times 2009
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