| Oman's biggest sovereign wealth fund is set to seek an arbitration ruling against Bulgaria over the collapse of Corporate Commercial Bank (Corpbank), a source familiar with the situation told Reuters on Wednesday.
Oman's State General Reserve Fund (SGRF) owned a 30 percent stake in Corpbank, Bulgaria's fourth-largest lender, which collapsed last year following a bank run. The market value of Oman's stake stood at about 170 million levs ($95 million) last June, before the central took control of Corpbank, triggering the Balkan country's worst financial crisis since the 1990s...............................................Full Article: Source
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