(MENAFN- Saudi Press Agency)
Riyadh, Shawwal 24, 1438, July 18, 2017, SPA -- The Debt Management Office (DMO) at the Ministry of Finance (MoF), Kingdom of Saudi Arabia is pleased to announce that it has completed receiving all requirements from the following 13 Saudi licensed banks enabling their participation in the Government of Kingdom of Saudi Arabia's Saudi Riyal Sukuk Program.
1- Alawwal Bank
2- Alinma Bank
3- Al Rajhi Bank
4- Arab National Bank
5- Bank AlBilad
6- Bank AlJazira
7- Banque Saudi Fransi
8- Gulf International Bank
9- Riyad Bank
10- Samba Financial Group (SAMBA)
11- Saudi Investment Bank
12- The National Commercial Bank
13- The Saudi British Bank
The DMO would like to thank all Saudi licensed banks and extend special thanks to Alinma bank which assisted with Sukuk structuring.
It is noted that the establishment of the Sukuk program and the issuance under it is subject to MoF discretion pursuant to the authority granted under the royal decree.
--SPA
13:26 LOCAL TIME 10:26 GMT
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