The wave of M&A among Gulf banks has reached Oman.
Oman Arab Bank SAOC
A tie-up, which would be the first bank merger in Oman in years, would create the country's fifth-largest bank with assets of roughly 2.81 billion rials, according to S&P Global Market Intelligence data.
In 2017, United Arab Emirates-based First Gulf Bank and National Bank of Abu Dhabi merged to create First Abu Dhabi Bank PJSC. Earlier in 2018, Saudi Arabia-based Alawwal Bank
Omani lenders Bank Sohar SAOG

See a section dedicated to financial highlights for your bank: Search for the company in the top search box and go to the "Financial Highlights" section, housed under the Templated Financials on the left-hand panel. Here is an example for Oman Arab Bank. Enjoyed this analysis? Click here to set up real-time alerts for data-driven articles on any region of interest. |
As of June 5, US$1 was equivalent to 0.39 Omani rial.

