Bank Nizwa has proposed a merger with Alizz Islamic Bank, with Ominvest acquiring a 20% stake in the combined entity. The proposal aims to consolidate Oman's Islamic banking sector. The merger is subject to regulatory and shareholder approvals.
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Bank Nizwa and Alizz merging to form a larger institution
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<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxNSW1FQXRLWTRHeS1JVHFmNXB3NFkycWZJaVhSRFNpeWdIaTYzX25vMlc5LVdQSHN0LXItTnQzNlE2NTVnYUpxQ0tSQXI1SWZxSnVWY2FFaURBemFQQmt4N0hfemZqazJJYkR1ckUtcUFIeHpfVWVkWUxPVUZUVjJWdEZMM0VpU1paZ1BobzZoMVFldlBkZ2R0SXg1cmpVUkd5UmhrM1h6V3BtaGtnVmU4eDF1eHU5dVcxdUEtZUJnTEk?oc=5" target="_blank">Oman’s Bank Nizwa proposes Alizz merger; Ominvest to take 20%…
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