HSBC Bank to pay OR7.6m in cash dividend

April 8, 2014 2:00 am

Shareholders of HSBC Bank Oman have approved a cash dividend payout of OR7.6m for the year ended December 31, 2013, a 280% increase compared with the previous year, Muscat Daily has reported. The shareholders also approved the appointment of HSBC Bank Oman’s new chairman, David Gordon Eldon, who was appointed to the board of directors in October 2013.