Bank Sohar considering BankDhofar's merger proposal

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StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

26 Apr, 2016 | 12:34

Author Sana Wafa
Theme Banking

Bank SoharSAOG is considering the terms of a merger presented by fellow Omanilender BankDhofarSAOG.

BankDhofar made its proposal April 23, following the startof due diligence by the two lenders in October 2015. The banks said Bank Sohar is discussingthe proposed terms, which were kept confidential and could be subject toadditional discussion between the two banks.

Author
Sana Wafa
Theme
Banking

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Bank Sohar considering BankDhofar's merger proposal

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Bank Sohar considering BankDhofar's merger proposal