Citi Islamic Investment Bank has had a good year in Bahrain and impressed with its debt capital markets work during the awards period.
The bank’s total assets increased by 7.6% to $18 million, while profit increased by 39% year on year as well.
The bank has been a dominant underwriter for sukuk issuances from the government to large corporates across the region.
It acted on several landmark deals, including acting as joint lead manager and joint bookrunner on the kingdom’s first successful sukuk issuance since 2021.
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