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Oman's Sohar Bank bids for smaller rival
Gulf News
|April 09, 2025
Two Omani lenders are considering a merger to form one of the sultanate's largest domestic banking groups with nearly $30 billion in assets, amid a slowdown in global deal activity due to uncertainty about Donald Trump's tariffs.
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Ahli Bank SAOG announced late on Monday that its board would discuss a merger proposal from its larger rival, Sohar International Bank SAOG. The proposed deal would involve the transfer of all of Ahli's assets and liabilities to Sohar. In exchange, Ahli's shareholders would receive a stake in Sohar.
Diese Geschichte stammt aus der April 09, 2025-Ausgabe von Gulf News.
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