StanChart, Tabung Haji ink MoU on financing facility

StanChart, Tabung Haji ink MoU on financing facility

The Edge Markets - Malaysia·2019-12-18 13:35

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.

……

Read full article on The Edge Markets - Malaysia

SE Asia Business Bank