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In March 2008, a consortium comprising International Finance Corporation, Bank of Muscat, Nomura and Sinthos Capital led by Pakistani banker Shaukat Tarin acquired a majority stake in Saudi Pak bank for $213 million.
On March 31, 2008, a Consortium comprising of IFC, Bank Muscat, Nomura International and Sinthos Capital led by senior banker Mr. Shaukat Tarin acquired the Bank. The website links of sponsors of the Bank are given below:
Silkbank stands for reliability, our institutional sponsors Nomura, IFC and Bank Muscat provide us with strong financial backing and a framework of good corporate governance, which will remain our guiding principle to cultivate trust and transparency with our customers, regulators and partners.
- 2,629 ( 2,305 on RocketReach )
- SILK
- $133 million
Sep 14, 2024 · Is Silkbank an acquired company? Silkbank got acquired by IFC, Bank Muscat and Nomura on Mar 31, 2008.
Corporate Governance. Share Price. Credit Ratings. Debt Investor Information. Meetings Notice and Invitation. bank muscat shareholding statistics. Select YearPlease Select20242023Select QuarterPlease SelectQ1Q2. Omani. Non Omani.
Bank Muscat is the leading financial institution in Oman with a strong presence in corporate banking, personal banking, investment banking , islamic banking, treasury, private banking and asset management. the bank has the largest network of branches and electronic channels in Oman, as well as branches in Saudi Arabia, Kuwait and representative ...
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Nov 11, 2009 · Bank Muscat has a 35-percent stake in Silkbank, which is planning a rights issue. But the Omani bank said it will not participate, "as regulatory approvals in Oman have not been...
