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Bank Muscat

Sector: Residential • Location: Oman

Source: International Finance Corporation (IFC)

Project
Active

The project is to provide a long-term subordinated loan of $100 million to BankMuscat (S.A.O.G.) (“BankMuscat” or the “Bank”), the largest commercial bank in Oman with a market share of around 37%. The proceeds of the loan will be primarily utilized to strengthen the Bank''s capital base and support the Bank''s long-term mortgage financing. The proposed project is subject to the Bank obtaining ne

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Project Information

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The project “Bank Muscat” is an infrastructure initiative in the Residential sector, located in Oman. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

active

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The project is to provide a long-term subordinated loan of $100 million to BankMuscat (S.A.O.G.) (“BankMuscat” or the “Bank”), the largest commercial bank in Oman with a market share of around 37%. The proceeds of the loan will be primarily utilized to strengthen the Bank''s capital base and support the Bank''s long-term mortgage financing. The proposed project is subject to the Bank obtaining necessary regulatory approvals

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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