Bank Muscat - (BKMB)

0.366 0.002(0.54%) Last Update 21/08/2017 13:21 KSA

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News

Bank Muscat wins ‘Best Foreign Exchange Provider in Oman’ award
(Muscat Daily - 06/08/2017)

Bank Muscat has won the Best Foreign Exchange Provider in Oman award by Global Finance. The award criteria included transaction volume, market share, scope of global coverage, customer service, competitive pricing and innovative technologies, including ...

Bank Muscat posts OMR44m net profit in first quarter
(Times of Oman - 16/04/2017)

Bank Muscat, the leading financial institution in the Sultanate, posted a net profit of OMR44.23 million for the first quarter of 2017 compared to OMR43.75 million reported for the same period in 2016, an increase of 1.1 per cent. Net interest income ...

Oman sets initial price guidance for three-tranche dollar bond
(Reuters - 01/03/2017)

The government of Oman released initial price guidance for a three-tranche US dollar international bond with maturities of five, 10 and 30 years, a document issued by the banks leading the transaction showed on Wednesday. Initial price thoughts for the ...

Oman's Bank Muscat raising $500 mn through syndicated loan, say source
(Reuters - 24/02/2017)

Bank Muscat, Oman's largest bank by assets, is raising $500 million through a syndicated loan, banking sources familiar with the situation said on Thursday. The three-year loan refinances a $600 million facility maturing in March that the Omani lender ...

Bank Muscat board proposes 30% cash and stock dividend
(Muscat Daily - 30/01/2017)

The board of directors of Bank Muscat has proposed a 30 per cent dividend for the year ended December 31, 2016. “Continuing the bank's strong dividend payment track record, the board of directors have proposed a 25 per cent cash dividend for the year ...

Corporate Announcements

Net profit announced for the 1st Half of the year 2017, OMR 84.31 million, a decrease of 7%. - 13/07/2017
Net profit announced for the 1st Quarter of the year 2017, OMR 44.23 million, an increase of 1.1%. - 13/04/2017
25% cash dividend and 5% bonus shares announced for the year 2016. - 01/03/2017
Net profit announced for the year 2016, OMR 176.6 million, an increase of 0.7%. - 15/01/2017
Net profit announced for the 9 months ending on 30/9/2016, OMR 136.91 million, an increase of 0.5%. - 12/10/2016

Commercial Bank - News

CMA approved public offering of Alinma Makkah Real Estate Fund
(Tadawul - 21/08/2017)

The CMA has issued its resolution approving the public offer, by "Alinma Investment Company", of "Alinma Makkah Real Estate Fund ". An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high ...

Commercial Bank appoints two new non-executive directors at ABank
(The Peninsula - 21/08/2017)

The Board of Directors of The Commercial Bank , yesterday announced the appointment of Zafer Kurtul and Turgay G?nensin to the roles of non-executive directors at Alternatifbank (“ABank”). ABank is Commercial Bank’s 100 percent owned subsidiary in ...

SABB in agreement to purchase SABB Takaful shares
(Tadawul - 20/08/2017)

The Saudi British Bank (SABB) on 17 August 2017 has entered into an agreement with HSBC Asia Holdings BV and certain other wholly-owned subsidiaries of HSBC Holdings plc (together HSBC), to purchase HSBC combined 32.5% shareholding in SABB Takaful (the ...

Doha Bank holds knowledge-sharing session
(Gulf Times - 20/08/2017)

HE the Qatar Central Bank Governor Sheikh Abdulla bin Saoud al-Thani receives a bouquet of flowers from Doha Bank managing director Sheikh Abdul Rehman bin Mohamed bin Jabor al-Thani during the bank’s knowledge-sharing session titled ‘Qatar — Land of ...

Ahlibank deposits programme gets P-2 and F1/A+ ratings
(Gulf Times - 17/08/2017)

Ahli Bank (Ahlibank) has announced that it has established its $500mn Euro Commercial Papers and Certificates of Deposits Programme (the Programme). The Programme has been assigned P-2 and F1/A+ ratings by Moody’s Investors Service and Fitch Ratings, ...

Bank Sohar organises ‘Retail Team Meet 2017’
(Oman Daily Observer - 17/08/2017)

As part of its strategy to prepare and lead the way forward in banking excellence, Bank Sohar held a Retail Team Meeting recently. The two-day event was attended by the Bank’s Acting CEO, Executive Management, Senior Management, and Branch leadership to ...

Qatar Islamic Bank announces first round of cards summer campaign winn
(The Peninsula - 17/08/2017)

Qatar Islamic Bank (QIB) has announced the first 30 winners of the “Win Every Day with QIB VISA Card” and the first four winners of “Win Every Week with QIB MasterCard” summer promotions. The winners were selected in a draw conducted in the presence of ...

BankDhofar sponsors 2nd Arab Forum for Women Entrepreneurs
(Oman Daily Observer - 16/08/2017)

Reiterating its efforts that aim at developing the SME sector in the Sultanate, BankDhofar supported the 2nd Arab Forum for Women Entrepreneurs that was held during August 8-10 at Salalah Rotana Resort under the patronage of HE Sayyid Mohammed bin Sultan ...

Union National Bank opens Shanghai branch
(Gulfnews - 16/08/2017)

Union National Bank (UNB), 50 per cent owned by the Abu Dhabi government, has begun operations at its branch in Shanghai, becoming the first bank from the United Arab Emirates to operate a branch in mainland China, the bank said on Tuesday. The Shanghai ...

Alinma offers employment to scholarship program graduates
(Saudi Gazette - 16/08/2017)

ALINMA Bank has recently entered into a partnership agreement with the Ministry of Education and the Saudi Arabian Monetary Agency (SAMA) whereby the bank will extend employment offers to graduates of the Custodian of the Two Holy Mosques Scholarship ...

 
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