HSBC Bank Oman and local rival Sohar International Bank have entered into a binding merger agreement, the two lenders said on Wednesday.

DUBAI, United Arab EmiratesDUBAI, United Arab Emirates — HSBC Holdings PLC said Wednesday it will combine its Omani division with local lender Oman International Bank in a deal that will give it ...

Oman has temporarily halted a merger between HSBC's operations in the Gulf Arab state and Oman International Bank due to a lawsuit against the British lender, a source familiar with the matter ...

HSBC Bank Oman, a unit of HSBC Holdings plc HSBC, has agreed to hold preliminary talks with Sohar International Bank after the latter showed interest in merging with HSBC. Last week, Sohar ...

He said, "Our entire branch and ATM network will gradually be re-branded with the HSBC logo starting on December 8 with a target completion date of end of the month. The signage of the bank's 88 ...

HSBC is to merge its business in Oman with Oman International Bank and hold a majority stake in the enlarged operation, Europe’s biggest bank said yesterday.

International bank HSBC says its Omani unit has already attracted a “significant” amount of business since its merger with Oman International Bank (OIB) less than a year ago. More than 60 branches ...

Muscat - The year 2012 was filled with momentous occasions for HSBC as the bank's operations in Oman, represented by HSBC Middle East Ltd, joined forces with Oman International Bank to become a major ...

HSBC Bank Oman and local rival Sohar International Bank have entered into a binding merger agreement, the two lenders said on Wednesday.

HSBC Holdings PLC said Wednesday it will combine its Omani division with local lender Oman International Bank in a deal that will give it control of just over half of the new company.London-based ...

HSBC, Europe’s biggest bank, said in April it will merge its Omani business with OIB and retain a 51 percent stake in the enlarged operation. Oman’s Ministry of Commerce and Industry issued an order ...

HSBC Holdings PLC said Wednesday it will combine its Omani division with local lender Oman International Bank in a deal that will give it control of just over half of the new company.London-based ...