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On 9 November 2023, Bank Muscat SAOG announced that Ominvest, an existing shareholder, received approval from the Central Bank of Oman. This approval permits Ominvest to increase its shareholding in Bank Muscat up to 15%.
| Date | 9 Nov 2023 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 9231S |
Date: 9 November 2023
Subject: Approval to increase Shareholding of Ominvest in Bank Muscat
We wish to inform the market that Bank Muscat SAOG (the bank) has been notified by Oman International Development and Investment Company SAOG (Ominvest), an existing shareholder in the bank that Ominvest has received the Central Bank of Oman's approval to increase their shareholding up to 15% in the bank.
Waleed K. Al Hashar
Chief Executive Officer