RSS
Oman’s Ministry of Commerce and Industry has halted the merger of HSBC Oman and Oman International Bank ( OIB ) following an objection raised by an India-based businessman.
The order issued on May 16 by the Ministry of Commerce and Industry , Directorate-General of Commerce in Muscat, states that according to Article 13 bis 8 of Commercial Companies Law 4/74, the merger has been suspended unless the objection raised by the businessman is settled or withdrawn by him. Another option is that the said objection is overruled by a court order………………………………………..Full Article: Source
- About Us
- Publications
- Research
- Databases
- Traders only
- Broadcasts
- Students
- Events
- Job Board
- Shop
- Service
- Home
- Publications
- Islamic Finance Briefing
- Article
Islamic Finance Briefing - Categorized | Banking, Market Moves more
HSBC Oman, OIB merger ‘halted’ in Oman
| Posted on 25 May 2012 |
|
|
Article link
- Oman’s first Mena-focused Islamic fund to be launched next week
- Bankers urge Islamic banks to develop their own financial reporting standard
- Sharjah Islamic Bank launches ‘Zone’ package for companies in Al Hamriya Free Zone
- Noor Islamic Bank launches reality mobile banking app
- Japan: Food producers eye Islamic market
- MMC gets nod for RM470mln sukuk wakalah
- CBB’s monthly Sukuk Al-Ijara oversubscribed by 220pct
- UM gets RM239,000 cash rebate from Takaful Malaysia
- Financial market will grow strong with strong govt: CIMB Islamic
- CMA to prepare rules for takaful insurance
- Islamic banking impossible in Indian regulatory set-up: RBI governor
- India: RBI will not oppose, if govt allows Islamic Banking
- Thailand: Finance Min injects 6 bln baht to support Islamic Bank
- Noor Islamic Bank launches reality mobile banking app
- Sharjah Islamic Bank launches 'Zone' package for companies in Al Hamriya Free Zone
- Oman's first Mena-focused Islamic fund to be launched next week
- Saudi dairy firm Almarai eyes $500 mln sukuk sale - CFO
- Malaysia: Exim Bank plans non-ringgit sukuk this year
- Asiya Investments launches Islamic trade finance fund
- Natwest introduces halal mortgage (1)
- Industry specialists debate impact of global financial crisis on Islamic finance (1)
- MAS to launch Islamic bond facility early 2009 (1)
- Top 500 Islamic Financial Institutions (1)
- Mortgage sector will have to do a balancing act (1)
- Islamic finance growth will be better than the country's, says professor (1)
- Takaful Re BBB stable rating confirmed by S&P (1)
- Saniora discusses with Arab Finance House releasing Islamic bonds (1)
- Standarization of Islamic industry sought (1)
- Pakistan: Share of Islamic banking increasing (1)
- Accounting and Audit
- Banking
- Bonds (Sukuk)
- Capital Market (Equity, Mutual Funds)
- Compliance, Tax, Legal, Regulatory
- Emerging Trends
- Finance
- Financial Instruments (Credit Cards, Debts, Loans, Mort
- Funds
- Insurance (Takaful)
- Investment
- Islamic Hedge Funds
- Islamic Law / Economics
- Market Moves
- New Launches
- People
- Performance
- Private Equity
- Property, Projects, Infrastructure
- Research
- Uncategorized
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « May | ||||||
| 1 | 2 | |||||
| 3 | 4 | 5 | 6 | 7 | 8 | 9 |
| 10 | 11 | 12 | 13 | 14 | 15 | 16 |
| 17 | 18 | 19 | 20 | 21 | 22 | 23 |
| 24 | 25 | 26 | 27 | 28 | 29 | 30 |
| 31 | ||||||
