Malay bank Bumiputra Commerce Bhd plans to use funds raised within its Commerce Asset holding division, including structured products, to fund its new Islamic banking venture, according to English language daily The Star . The bank has approval to issue US$125m in bonds to finance its working capital, and has just launched Commerce Investment Guarantee 2, through which it hopes to raise RM100m (£14.5m) from retail investors by the October close. CIG 2 follows a successful launch for CIG 1, and r
