Thursday, September 19, 2019
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Banking & Finance

New pool of liquidity

The issuance of Oman's first sovereign Sukuk will not only provide Islamic banks and takaful companies in the country with an investment avenue but also create a benchmark for the nation's potential borrowers to access it, says Hussain Ghaleb Al Yafai, Head, of Corporate and Institutional Clients and Head of Financial Markets, Standard Chartered Bank Oman. Muhammed Nafie reports.
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Bank Dhofar approves 15% cash dividend & 10% bonus share issue

The Board of Directors of BankDhofar has conducted its Annual General Meeting at Muscat InterContinental Hotel on Tuesday, 29th March 2016.
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GBM joins the GCC New Age Banking Summit 2016 as technology...

GBM, Middle East’s leading IT solutions provider, has partnered with the GCC New Age Banking Summit 2016, to be held at Crowne Plaza in Muscat, Oman on 23 May, this year. GBM will participate at the event as Technology Partner.
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Bank Muscat’s Money Market Fund records highest industry annualised return

Bank Muscat’s Money Market Fund recorded the highest industry annualised return of 3.27% per annum (p.a.) during June 2019, higher than the typical call...
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BankDhofar receives Best Contact Centre Experience award

In recognition of its continuous strive to provide outstanding customer experience, BankDhofar - the best bank in the Sultanate - has received the “Best Contact Centre Experience – Oman” award by the UAE-based Ethos Integrated Solutions.
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Bank Nizwa highlights future of Islamic finance in Oman

Solidifying Oman’s position in the global Islamic financial markets, Bank Nizwa, in partnership with Islamic Finance News (IFN), a leading online industry journal, brought together more than 200 leaders, regulators, industry experts and partners for the inaugural ‘Islamic Finance News Oman Seminar & Dialogue 2016’.
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BankDhofar named Oman’s best SME bank

BankDhofar, the leading bank and the best customer experience provider in the Sultanate, has been named ‘Best SME Bank in Oman’ by the London-based Global Business Outlook.
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SUSTAINING THE MOMENTUM

Al Omaniya Financial Services is contemplating to launch a digital platform to market its product in both B2B and B2C and has plans to...
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Bank Nizwa reaches breakeven point, expands financing portfolio by 99%

Bank Nizwa’s Shareholders, Board of Directors and Executives recently came together for the third Annual General Meeting (AGM). The AGM comes after a milestone year that saw the Bank reach the breakeven point and expand its Financing Portfolio by 99% compared to the previous year.
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Taageer Finance Company Appoints Acting CEO

V. V. Suresh Kumar has been appointed as Acting CEO of Taageer Finance Company by the Board with effect from August 1, 2018. Prior...
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