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Strongly agree
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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
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Do you trust your insurance provider?
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National Bank of Oman announces $22.6m exposure to Dubai World

Oman’s third largest lender, National Bank of Oman, announced on…


December 6, 2009 4:48 by

Oman’s third largest lender, National Bank of Oman, announced on Sunday it has OMR8.7 million ($22.6 million) in exposure to Dubai World and Nakheel, according to the bank’s statement to the Muscat Securities Market (MSM).

Like Bank Muscat, National Bank of Oman’s exposure is part of a syndicated loan to the Dubai-based conglomerate.


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