VOL. XLIV

No. 17

23-April-2001

OMAN

Omans NBO And OIB In Merger Talks

Omans two largest banks, the National Bank of Oman (NBO) and Oman International Bank (OIB), are in merger talks, according to the 9 April Oman Weekly Report of Oman Arab Bank (OAB). The report says that talks are in their early stages and local analysts believe they stand a "50-50" chance of success. OAB points out that "OIB and NBO do not have a common shareholding pattern and a merger becomes slightly more complicated in such...