Hedge Funds & Alternative Investments
Islamic Finance
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IFC invests $170 million in BankMuscat
IFC Capitalization Fund will invest $170 million in subordinated debt in BankMuscat, the largest commercial bank in the Sultanate of Oman, to strengthen its capital base and help increase access to finance for small and medium enterprises (SME) and middle-income home buyers. The $170 million subordinated loan agreement was signed…
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Source: BankMuscat