No. 17



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...