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FINANCIAL NEWS
Muscat Finance to raise USD 12.94mn from bond issue
16 Jun 2016
(MENAFN) Muscat Finance plans to raise a USD 12.94mn by way of a bond issue on private placement basis.
Furthermore, the firm aims to convene an additional ordinary general meeting to seek approval for the unsecured subordinate bond issue.
The company currently has achieved a net profit of USD 3.13mn for the first quarter of this year, against USD 3.26mn in 2015.
In addition, the firm increased the debtors’ portfolio by 13 percent to USD 407.12mn by end-March 2016.
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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