Monday 3 August 2009

Bank Islam Awaiting Capital Injection Of RM216 Million From Dubai Group

Bank Islam Malaysia Bhd is still waiting for capital injection from its Middle East shareholder, Dubai Invesment Group (DIG) in its move to boost risk-weighted capital ratio (RWCR) and strengthen its capital.

Managing director Datuk Zukri Samat said DIG, which owns 40 percent of Bank Islam, has until September 15 to put in the money.

"So far, only Tabung Haji has put in the money and DIG has a deadline until September 15 to do so," he told reporters on the sidelines of the IFN 2009 Issues & Investors Forum here Monday.

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