BankDhofar seeking $75m loan | BankDhofar seeking $75m loan -

BankDhofar seeking $75m loan

: Tuesday, July 01 - 2014 @ 02:51

The board of directors of Omani lender, BankDhofar, has approved a proposal to raise $75m subordinated loan to support the bank’s capital adequacy position, Times of Oman has reported. The loan will support the bank’s tier-two capital requirement and is subject to legal and regulatory approvals, the banks said.

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Tuesday, July 1- 2014 @ 2:51 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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