Friday 19 April 2024
 
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HSBC Oman

HSBC Oman in deal to sell Pakistan business

HSBC Bank Oman has agreed to sell its banking business in Pakistan to Meezan Bank, a sharia-compliant Pakistani lender, it said on Sunday. The deal, which is subject to regulatory and other approvals, is expected to be completed d

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HSBC Oman completes sale of India assets

HSBC Bank Oman has completed the sale of its Indian assets to Doha Bank, the affiliate of HSBC Holdings said in a statement on Wednesday. Shareholders of Doha Bank, Qatar's fifth-largest lender by assets, approved the purchase

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Meezan to buy HSBC Oman's Pakistan unit

Karachi-based Meezan Bank has received regulatory approval to study the acquisition of the Pakistani unit of HSBC Bank Oman, the Sharia-compliant lender said in a bourse filing yesterday. In May, Meezan received central bank appro

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HSBC Oman to sell Indian business to Doha Bank

HSBC Bank Oman said it had agreed on the sale of its Indian business to Qatar's Doha Bank, in a statement to the Muscat Securities Market on Wednesday. No value for the transaction was given in the statement, but the Omani len

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