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Oman’s second-largest bank pursues merger with smaller rival

Oman's second-largest bank is pursuing a potential merger with its smaller rival, potentially creating a lender with just under $20 billion in assets, according to regulatory filings made on Tuesday.  The filings on the Muscat Stock Exchange show Bank Dhofar's interest in its smaller rival, Ahli Bank. Bank Dhofar has…

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Click here to read the full story: Arab News

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