National Bank of Oman (NBO) has offered to buy fellow domestic lender United Finance Co , challenging a potential merger with Bank Nizwa in the country's cluttered banking sector.
National Bank of Oman has a market capitalisat
National Bank of Oman (NBO), the sultanate's third-largest lender by assets, is expecting to increase lending by between 10 per cent and 12 per cent this year, its chief executive was quoted as saying by the Oman Tribune.
Dalma Energy, a leading drilling contractor, has partnered with National Bank of Oman (NBO) for the financing of a new project for Petroleum Development Oman (PDO), according to a report.
The $116.24 million funding to be provided
National Bank of Oman, the sultanate's second-largest lender by assets, posted a 25 per cent rise in second-quarter net profit, beating analysts' expectations.
The lender made a net profit of RO12.7 mil
National Bank of Oman reported a 20 percent rise in first-quarter net profit on Sunday, slightly above analyst estimates.
The bank made a profit of 10.3 million rials ($26.75 million) in the first three months of 2014, up from 8.6
National Bank of Oman's (NBO) board of directors has recommended the lender pay a 2013 dividend of 15 per cent cash and 10 per cent in bonus shares, according to a bourse filing on on Wednesday.
For 2012, NBO paid a cash divid
National Bank of Oman (NBO), the sultanate's second-largest lender by assets, posted a flat fourth-quarter net profit, missing analysts' expectations.
The lender made a net profit of RO10.2 million ($26.5 million) in the t
National Bank of Oman, the sultanate's fourth-largest lender by market capitalisation, posted a near-flat second quarter net profit, Reuters calculated, beating analyst estimates.
The lender made a second-quarter net profit of
National Bank of Oman's third quarter profit jumped 45 percent, beating analyst estimates, as increased lending and customer deposits boosted the lender's bottom line.
NBO, the sultanate's second largest lender by assets, made a net