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BankMuscat has over $1bn in assets under management

  • Oman: Monday, November 12 - 2012 at 01:29

BankMuscat has said its asset management division (AMD) has marked a milestone achievement on crossing $1bn of assets under management, Muscat Daily has reported. The division currently manages investments in fixed income and equities, the lender said. The growth is the result of "a combination of a strong inflow of funds from customers and a positive investment performance," it said.

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