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Bank Nizwa eyes 5pc of Oman banking marketOmani lender Bank Nizwa, the sultanate's first full-fledged Islamic bank, plans a steady expansion of its retail network with a view to capturing a 5 percent share of the total banking market, according to its chief executive. More… |
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Al Izz $104m IPO covered 1.15 timesOman's Al Izz Islamic Bank, the sultanate's second Islamic bank, attracted bids worth RO46 million ($119.5 million) for its initial public share offer, 1.15 times the sum which it was raising. The bank, which counts Abu Dh More… |
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Omani lender Al Izz launches IPOAl Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, has launched its initial public offering (IPO) offering a total of 400 million shares at a fixed offer price of 102 bizas. The IPO is being lead managed More… |
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Omani bank Al Izz to offer 400m sharesAl Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, plans to offer a total of 400 million shares at a fixed offer price of 102 bizas in its initial public offering (IPO) next week. The announcement from t More… |
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Omani lender set for $104m IPOAl Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, will launch an initial public share offer (IPO) for 40 per cent of the bank later this month, Oman's regulator said in a statement. Al Izz is the se More… |
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Oman's new bank to launch IPO next yearOman's Al Izz International Bank, a lender under formation in the sultanate, plans to launch an initial public offering (IPO) in the third-quarter of 2011, its spokesman said on Sunday. The new financial institution, whi More… |
