Mergers & Acquisitions
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Meezan Bank gets SBP nod to merge HSBC Oman operations
The State Bank of Pakistan Monday cleared the amalgamation of the HSBC Bank Oman S.A.O.G operations in Pakistan with Meezan Bank Limited , the country's first Shariah-compliant bank. The in-principle approval from the banking regulator means that Meezan Bank now would be allowed to carry out the required formalities that…
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