Ahli Bank in Oman receives merger offer from Oman's Bank Dhofar

Ahli Bank, part owned by Bahrain's Ahli Bank, said in a bourse filing its board will review the offer and will update the market with any material developments.

Should they proceed with a merger, a combination could create a bank with more than $19 billion in assets. Bank Dhofar has $11.2 billion in assets, while Ahli Bank in Oman has about $7.9 billion in assets, financial statements showed. Last year, HSBC Bank Oman and local rival Sohar International Bank entered into a binding merger agreement, which was awarded approval from the central bank in February. The merger is expected to complete in the second half of this year.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Big bank earnings in spotlight following historic failures: 'Every income statement line item is in flux'.Results from JPMorgan Chase and other big banks could set the tone for the rest of the first-quarter earnings season. Jaime manipulator. I told you. bullish. Medias sold panic and fear while organizations that pay them for this are buying all. Manipulation with fear but bullish , We have QE+ unlimited money $. Blackrock,JPMorgan, goldman always manipulate with news.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »