Sohar International Bank SAOG (MSM:BKSB) sent a letter of intent to acquire Bank Nizwa SAOG (MSM:BKNZ) on November 23, 2021. The transaction is subject to necessary Board, shareholders and regulatory approval and the applicable laws of the Sultanate of Oman. As of January 18, 2022, central bank of Oman has provided approval to go ahead with the due diligence process for the transaction.
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5-day change | 1st Jan Change | ||
0.099 OMR | 0.00% | +1.02% | +3.12% |
Apr. 17 | Bank Nizwa SAOG Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Mar. 12 | Bank Nizwa SAOG Proposes Cash Dividend for the Financial Year Ended 31 December 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+3.12% | 575M | |
+13.75% | 556B | |
+12.36% | 298B | |
+8.64% | 247B | |
+21.72% | 210B | |
+16.11% | 170B | |
+6.88% | 162B | |
+4.42% | 153B | |
+0.10% | 139B | |
-11.67% | 138B |
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- Sohar International Bank SAOG sent a letter of intent to acquire Bank Nizwa SAOG.