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HSBC's Oman unit posts 46 pct Q1 profit slump

HSBC Bank Oman, an affiliate of HSBC Holdings, posted a 46 percent slump in net profit in the first quarter, as the lender didn't repeat gains registered in the same period last year. Oman's fourth-largest lender by assets made a net profit of 3.1 million rials in the opening three…

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