National Bank of Oman (NBO) has launched a $100 million tap of its existing 2019 bond at initial price thoughts in the area of 225 basis points over midswaps, lead managers said on Tuesday.
The transaction is being arranged by Cre
National Bank of Oman, the sultanate's third-largest lender by assets, posted a 10-per cent rise in first-quarter net profit, according to a bourse statement on Thursday.
The lender made a net profit of RO13.9 million ($36.1 m
National Bank of Oman (NBO), the sultanate's third-largest lender by assets, posted a 6.6 percent rise in third-quarter net profit on Sunday, according to Reuters calculations.
The lender made a net profit of RO14.93 million (
National Bank of Oman, one of the largest banks in the Sultanate, has implemented a CRM solution to power its end-to-end lead management across all business lines and channels including branch, Web and call centres.
This will help
National Bank of Oman has walked away from talks to buy United Finance after due diligence, it said on Tuesday.
"After careful consideration, NBO now wishes to confirm that it will not be pursuing this transaction further and
The shareholders of National Bank of Oman approved the issuance of a Tier-1 instrument of up to $300 million, the lender said on Thursday.
They also approved increasing the limit of an existing $600 million Euro Medium Term Notes
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
The National Bank of Oman (NBO) has signed a construction contract worth RO50 million ($129.4 million) with Al Turki Enterprises, a 100 per cent Omani-owned construction company, for its new headquarters in Muscat, a report said.
National Bank of Oman (NBO) has awarded a contract for the construction of its new head office building in the Omani capital, said a report.
Omani construction group Al Turki Enterprises is set to handle the project which will be
Dentons, a major global law firm, has advised the National Bank Oman (NBO) on the establishment of a listed and rated $600 million Euro Medium Term Note programme, and the debut issue of $500 million 3.125 per cent Notes.