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New commercial bank in Oman
- Oman: Thursday, November 15 - 2007 at 07:38
Oman's central bank has cleared the way for the setting up of a new commercial bank in the country under the name of Oman Merchant Bank, reported Khaleej Times. The new bank, being founded a group of Omani and GCC investors, will have a capital of $130m, 40% of which will be offered to investors in the Sultanate through a public issue.
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Jeff Florian, Senior ReporterThursday, November 15 - 2007 at 07:38 UAE local time (GMT+4)
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