Mon, May 20, 2013
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Market Moves more

Bank Muscat eyes foreign asset sales to cut costs

Posted on 07 May 2010

From Tradearabia.com: Bank Muscat, Oman’s largest lender by market value, is considering selling more foreign assets to reduce rising operating costs, two bank officials with knowledge of the matter said on Thursday.
‘We are considering, after the sale of HDFC Bank, to sell more of our foreign assets to make up for the higher operating costs and impairment credit losses,’ said one Bank Muscat official who declined to be identified……………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
May 2013
M T W T F S S
« Apr    
 12345
6789101112
13141516171819
20212223242526
2728293031