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OIFC raises stake in Bank Sohar to 17%

OIFC raises stake in Bank Sohar to 17%
(Photo credit: Company's website)
OIFC
OIFC
0.00% 0.09 0.00
Sohar International
BKSB
0.75% 0.14 0.00

Mubasher: Oman Investment and Finance (OIFC) said Monday that it has received the approval of the concerned regulators to increase its stake in Bank Sohar from 15.13 % and up to 17%, according to a bourse filing.

The company is capitalised at OMR 160.45 million distributed across 1.6 billion shares with a nominal value of OMR 0.1.