Oman International Bank (OIB), in a major initiative to connect its ATM network to Oman Switch, has decided to install 300 new automated teller machines (ATMs). Of this, 105 new ATMs will replace the existing machines, which will be completed by the
Oman International Bank opened a new branch (Omantel Branch) at Al Mawaleh as a part of its strategy to expand the branch network. The new branch, situated at Omantel's new building, was opened under the auspices of Dr Amer bin Awadh al Rawas, CEO, Oman
The shares of Oman International Bank (OIB) on the Muscat Securities Market (MSM) soared 7.1 per cent to close at 285 baisas, on merger talks with HSBC Holdings’ Oman operations. There was a hectic demand for the bank’s shares with 4.5 million shares
Oman International Bank (OIB), the country’s fourth largest bank, announced on Thursday that it is in discussions with HSBC Holdings plc (HSBC) regarding the possible merger of HSBC’s Oman operations with those of OIB. “These discussions are ongoing and
HSBC is in talks with Oman International Bank over a sale of its operations in the state, a source at the Omani bank said, as the British lender looks to streamline its Middle East presence. “OIB is negotiating the acquisition of HSBC’s operation in