StanChart, Tabung Haji ink MoU on financing facility
KUALA LUMPUR (Dec 18): Standard Chartered Saadiq Bhd, a subsidiary of Standard Chartered Bank Malaysia Bhd, has entered into a multifaceted long-term collaboration with Lembaga Tabung Haji (TH) involving the latter’s overseas properties as well as travel business.
The bank said it has extended a two-year Shariah-compliant financing facility totalling 65 million British pound to two wholly-owned subsidiaries of TH for the refurbishment and refinancing of office properties in the United Kingdom.……
SE Asia Business Bank
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