Sun, Aug 30, 2015
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Market Moves more

Bank Nizwa to attract Omani funds held abroad

Posted on 01 August 2012

Oman’s Bank Nizwa, the sultanate’s first Islamic bank, plans to attract some of the funds held abroad at other Gulf Islamic banks in order to grow during its first year of operations, its CEO said.
“The amount of Omani money deposited in Islamic banks in the region, such as the UAE and Bahrain, is about OMR3.5bn to OMR5bn (US$9.1bn to US$12.9bn),” Jamil Al Jaroudi told Reuters in a telephone interview this week………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
August 2015
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930
31