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   Bank Muscat 2009 Profit Falls 21% on Loan Charges (Update1) (Bloomberg) image

Bank Muscat 2009 Profit Falls 21% on Loan Charges (Update1) (Bloomberg)


Posted on Jan 25, 10 at 11:36 pm. 
Bank Muscat 2009 Profit Falls 21% on Loan Charges (Update1) (Bloomberg) art

Jan. 25 (Bloomberg) — Bank Muscat SAOG , Oman’s biggest bank, said full-year profit fell 21 percent after provisions for bad loans almost quadrupled.

(AFX UK Focus) 2010-01-25 14:06 UPDATE 1-Bank Muscat plunges to Q4 loss on impairments (Interactive Investor)


Posted on Jan 25, 10 at 9:11 am. 
(AFX UK Focus) 2010-01-25 14:06 UPDATE 1-Bank Muscat plunges to Q4 loss on impairments (Interactive Investor) art

DUBAI, Jan 25 (Reuters) – Writedowns on a stake in a Pakistan bank and higher loan impairments plunged Bank Muscat into a fourth-quarter net loss of 6.7 million Omani rials ($17.4 million) on Monday. The loss at Oman’s largest bank by market value compared with a profit of 3.62 million a year earlier, according to Reuters calculations, and fell short of expectations. Shares in the bank, which …

Oman Refineries receives $200m loan (AME Info)


Posted on Jan 03, 10 at 3:25 am. 
Oman Refineries receives $200m loan (AME Info) art

State-run Oman Refineries & Petrochemicals Co. has secured a 25-month $200m loan from Oman’s Bank Muscat, Reuters has reported. The loan will be used to “refinance the working capital needs” of ORPC, the bank said.

Source:Oman Refineries receives $200m loan (AME Info)

Bank Muscat says Dubai exposure won't affect Q4 net (Arabian Business)


Posted on Dec 07, 09 at 3:25 am. 
Bank Muscat says Dubai exposure won't affect Q4 net (Arabian Business) art

Bank Muscat said on Sunday it has $50m in exposure to a syndicated loan from Dubai’s group.

Source:Bank Muscat says Dubai exposure won't affect Q4 net (Arabian Business)

Oman's Bank Muscat has $50 mln exposure to Dubai World (Reuters via Yahoo! Malaysia News)


Posted on Dec 06, 09 at 5:50 am. 
Oman's Bank Muscat has $50 mln exposure to Dubai World (Reuters via Yahoo! Malaysia News) art

DUBAI, Dec 6 (Reuters) – Oman’s largest lender Bank Muscat said on Sunday it had 19.25 million rials ($50 million) exposure to a syndicated loan from Dubai World Group.

Source:Oman's Bank Muscat has $50 mln exposure to Dubai World (Reuters via Yahoo! Malaysia News)

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