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BankMuscat’s 120th branch opens at Athaiba (Oman Daily Observer - 31/03/2009)

The 120th branch of BankMuscat, the leading financial institution in the Sultanate, was inaugurated by Her Highness Sayyidah Aliya bint Thuwaini al Said. The state-of-the-art branch is located at Abraaj al Sahwa building in Athaiba. A large gathering of
BankMuscat offers key support to Women (Oman Daily Observer - 30/03/2009)

Reflecting a national commitment to create an environment conducive for women empowerment, BankMuscat is offering key support to the Women in Business conference to be held on March 30 and 31 at Inter-Continental Hotel. Organised by Envent, the women’s
BankMuscat to support OCO education programme (Oman Daily Observer - 24/03/2009)

A memorandum of understanding (MoU) was signed at the Legal Affairs Ministry yesterday between the Oman Charitable Organisation (OCO) and BankMuscat to fund scholarships and educational assistance scheme for the current year. The MoU was signed on behalf
Bank Muscat earns RO39m (www.business24-7.ae - 23/03/2009)

Omans Bank Muscat made pre-tax profit of 39 million Omani rials (Dh371.6m) by selling 81 per cent of its stake in Indias HDFC Bank, the bank said on the Muscat bourse web site. "The bank would like to advise that it has up to now sold approximately 81
BankMuscat plans to raise RO 15m in 6th (Oman Daily Observer - 22/03/2009)

Offering attractive returns to investors, BankMuscat targets to raise RO 15 million in the sixth round of Certificates of Deposit (CDs) auction on March 23. The CDs will be issued on March 26 in three categories with maturity of 12, 36 and 60 months and
Bank Muscat Gains as Much as 4.9% on HDFC (Bloomberg - 22/03/2009)

Bank Muscat SAOG surged as much as 4.9 percent after Oman’s largest lender said it will earn a pre- tax profit of 39 million rials ($101 million) from the sale of about 81 percent of its stake in India’s HDFC Bank Ltd. “I expect the bank to probably exit
BankMuscat AGM approves 20pc cash dividend, 30pc (Oman Daily Observer - 21/03/2009)

The annual general meeting (AGM) of BankMuscat on March 19 approved 20 per cent cash dividend and 30 per cent convertible bond (3 bonds for each 100 shares held) for the financial year ended 31 December 2008. Shaikh AbdulMalik bin Abdullah al Khalili,
BankMuscat AGM today (Oman Daily Observer - 19/03/2009)

The Annual General Meeting (AGM) and extraordinary general meeting (EGM) of BankMuscat will be held today, at the Al Bustan Palace Hotel at 4.30 pm. The agenda for the EGM is to consider amendments to Articles 22 and 38 of the Articles of Association of
BankMuscat offloads 40% share in HDFC Bank (Times of Oman - 18/03/2009)

BankMuscat said yesterday that it had sold 40 per cent of its holdings in India’s HDFC Bank and planned to sell its entire stake over a period of time. The country’s largest lender said in a statement on the Muscat Securities Market website that in the
HDFC stake-sale talk ups Bank Muscat stock (www.business24-7.ae - 17/03/2009)

Bank Muscat shares surged for a second day yesterday on speculation Omans biggest lender could sell a stake in Indias HDFC Bank to give it cash to weather a possible rise in provisions this year. Investors are betting that the bank could sell all or part
Exclusive basma Rewards promotion for BankMuscat (Oman Daily Observer - 16/03/2009)

BankMuscat, the leading financial institution in the Sultanate, in association with LuLu Hypermarkets, has launched an exclusive basmaRewards redemption offer for its credit cardholders. The ‘Redeem and win’ campaign primarily involves redemption of
Moody's reviews BankMuscat's A1 foreign currency (AME Info - 12/03/2009)

Moodys Investors Service has placed the A1 foreign currency debt rating of BankMuscat on review for possible downgrade. All other ratings of the bank remain unaffected by this rating action. Moodys review is aimed at reassessing the appropriateness of
BankMuscat supports camel racing fest (Oman Daily Observer - 10/03/2009)

BANKMUSCAT has announced lead support for the annual camel racing festival in Dhofar region. “The bank will support the event as main sponsor as part of contributions aimed at the preservation of Omani heritage,” Sulaiman al Harthy (pictured), Group DGM,
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