17.04.2012 - Oman Islamic Bank eyes $156mln IPO

Omani lender Bank Nizwa, the sultanate's first Islamic bank, plans to raise $156 million by selling 40 per cent of capital in an initial public offering on the Muscat Securities Market. The bank is not yet operational and has only a representative office. Three branch openings are planned after the IPO...............................................Full Article: Source

Print