Bank Sohar to consider BankDhofar merger proposal

February 3, 2014 9:19 am

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.