Friday 29 March 2024
 
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Bank Dhofar

Oman’s PEIE inks $129m facility with BankDhofar

Oman’s Public Establishment for Industrial Estates (PEIE) has signed financial facility worth RO50 million ($129 million) with Bank Dhofar for several infrastructure projects undertaken by the PEIE in its industrial estates, a report said.

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Oman’s PEIE inks $129m facility with BankDhofar

Oman’s Public Establishment for Industrial Estates (PEIE) has signed financial facility worth RO50 million ($129 million) with Bank Dhofar for several infrastructure projects undertaken by the PEIE in its industrial estates, a report said.

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Bank Dhofar offers terms of merger to Bank Sohar

Oman's Bank Dhofar, in talks with Bank Sohar on a possible merger, said on Sunday that it communicated the terms for a deal to its smaller rival after completing due diligence. Bank Dhofar, the sultanate's second-largest l

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Bank Dhofar Q1 net profit rises 15.1pc

Oman's Bank Dhofar, the second-largest lender in the sultanate by assets, posted a 15.1 per cent rise in first-quarter net profit on Sunday. The lender made a profit of RO13.56 million ($35.26 million) in the three months to M

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Bank Dhofar Q4 net profit rises 32pc

Oman's Bank Dhofar, the second-largest lender in the sultanate by assets, posted a 32 per cent rise in fourth-quarter net profit on Thursday, according to Reuters calculations. The lender made a profit of RO13.4 million ($34.8

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Bank Dhofar bond plan approved

Oman's central bank has approved Bank Dhofar's plan to issue a capital-boosting bond of up to $300 million, Dhofar said on Sunday.   The bank said the borrowing would be in the form of perpetu

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Bank Dhofar gets shareholder nod for capital plans

Bank Dhofar, Oman's second-largest bank by assets, won shareholder approval for plans to raise its capital by as much as $300 million, including through the issuance of capital-boosting bonds, it said on Saturday. The lender s

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Bank Dhofar working on plans to raise capital

Oman's Bank Dhofar is working with National Bank of Abu Dhabi and Standard Chartered as it studies options for raising its reserves including selling a capital-boosting bond, banking sources told Reuters on Tuesday. The sultan

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Oman's Bank Dhofar to raise capital, issue debt

Oman's Bank Dhofar, the third-largest lender in the sultanate by assets, plans to boost its capital by issuing up to 115.5 million rials ($300 million) of Tier 1 capital instruments in 2015, it said on Thursday. In addition, t

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Bank Dhofar CEO resigns amid merger talks

Bank Dhofar, the Omani lender planning to merge with smaller peer Bank Sohar, said on Sunday that its chief executive Anthony Mahoney had resigned for personal reasons.   Bank Dhofar has appointed Abdul Omar Al-O

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