Omani bank Dhofar proposes 2015 dividendsBank Dhofar, the second-largest lender in the sultanate by assets, has proposed paying a dividend of 15 per cent cash plus 10 per cent bonus shares for 2015. The dividend is subject to shareholder and regulatory approval, the lend More… |
Oman bank in merger talks with HSBCOman International Bank (OIB) is in the early stages of talks on a merger with British bank HSBC Holdings' operations in Oman, said its chairman. 'OIB is in early stages of negotiations about a merger of its business with HSBC More… |
BankMuscat to offer Yuan paymentsBankMuscat, a leading financial services provider in Oman, said it has signed a strategic pact with Bank of China to offer payments in Chinese currency Yuan. With this tieup, BankMuscat becomes the first Omani bank to enable payments in th More… |