close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Bank Muscat announces $50m exposure to Dubai World

Bank Muscat, Oman’s biggest lender, revealed on Sunday exposure of…

1

December 6, 2009 4:46 by



Bank Muscat, Oman’s biggest lender, revealed on Sunday exposure of OMR19.25 million ($50 million) to government-owned conglomerate Dubai World. The amount is the part of a syndicated loan that “continues to be serviced,” the bank announced in a statement to the Muscat Securities Market (MSM).

The bank’s shares fell 8 percent to OMR0.755 at 11.19 am in Muscat, according to Bloomberg.



1

Tags: , ,

1 Comment

  1. Deepak Lal on December 7, 2009 10:13 am

    Barclays Bank Dubai, UAE has ended with an exposure of USD 500Million to various entities of Dubai World. When the loans were granted, the risk was not properly assessed, necessary due diligence was not undertaken but rather was approved due to Barclays Dubai management’s connections at high places.

     

Leave a Comment