21.02.2013 - Oman's Bank Muscat gets $195mln equity investment

Bank Muscat agreed on an equity investment worth OMR75.1 (US$195.1m) from the International Finance Corp, it said on Wednesday, a move which will bolster the capital base of Oman's largest lender. The World Bank unit will buy into the bank through a private share placement which will represent 5.28 percent of Bank Muscat's capital following the investment, a statement to the Oman stock exchange said........................................Full Article: Source

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