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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 kippreport
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.