NO. 36


Financial and Banking News

Regional Banking

Oman is Negotiating $300mn Loan

The Sultanate of Oman is talking to banks about a $300mn loan, butdiscussions are said to be at a very preliminary stage. Oman is known to bediscussing the deal with Chase Investment Bank and with Gulf International Bank(GIB), and these two institutions are believed to be talking to each other aboutpossible cooperation. In March and April 1989 GIB and Chase joined forces toarrange a $500mn...