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Oman banks' exposure to Dubai World hits $77m

  • Oman: Monday, December 07 - 2009 at 09:42

Three of Oman's largest banks said on Sunday they had a total exposure of $77m to Dubai World, Reuters has reported. Bank Muscat, Oman's largest lender by market value, said it had 19.25 million riyals in exposure to a syndicated loan from the group, while National Bank of Oman said it had $22.6m of exposure and Bank Sohar $4.3m.

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