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Bank Sohar to consider BankDhofar merger proposal

: Monday, February 03 - 2014 @ 09:19

Omani lender, Bank Sohar has said the board of directors has decided to form a sub-committee to initiate discussions with BankDhofar to study the proposed merger between the two banks, Muscat Daily has reported. Earlier, BankDhofar had said that it had requested a joint meeting between the boards of both banks for ‘open dialogue’ on the merger proposal.

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Monday, February 3- 2014 @ 9:19 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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