HBMO News & Announcements- MarketsToday.net

MUSCAT SECURITIES MARKET (MSM)Trading Hours: Sun - Thu 10:00 am-1:00 pm

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Price in OMR Last Update : 22 Jun 2017 1:15 pm (local time)
  • HSBC Oman sees $3mn hit from Pakistan sale Nov 08, 2015 | Source : Muscat Daily

    HSBC Bank Oman said on Sunday the sale of its banking business in Pakistan to Meezan Bank Ltd will negatively impact its overall performance, to the tune of US$3mn. In a filing with the Muscat Securities Market (MSM), HSBC Bank Oman...

  • HSBC Bank Oman RO9M net profit falls 15% to RO 8MN Oct 19, 2015 | Source : Muscat Daily

    HSBC Bank Oman has reported a 14.7 per cent decline in net profit for the nine-month period ended September 30, 2015.  The bank's net profit fell to RO8.1mn during the first nine months this year from RO9.5mn in the...

  • 22.6pc rise in HSBC Bank Oman Q1 net Apr 29, 2015 | Source : Oman Daily Observer

    HSBC Bank Oman SAOG announced a net profit of RO 3.8 million for the three months ended March 31, 2015 representing a 22.6 per cent increase over the same period last year. Net operating income before loan impairment charges...

  • HSBC Oman shareholders approve ‘14 cash dividend Apr 05, 2015 | Source : Muscat Daily

    HSBC Bank Oman shareholders approved a cash dividend of 5.5bz per share with a nominal value per share of 100bz, amounting to RO11mn with a dividend payout ratio of 90 per cent for the full-year 2014.   In addition, the...

  • HSBC Bank Oman’s net up 11.9 pc in ’14 Jan 28, 2015 | Source : Oman Daily Observer

    HSBC Bank Oman SAOG reported an 11.9 per cent increase in net profit for the year ended on December 31. Approving the draft audited financial results for the year, the Bank’s Board of Directors announced that earnings climbed to...

  • 5 points for businesses to create a VAT compliance road map Apr 18, 2017 | Source : Saudi Gazette

    The introduction of a harmonized Value Added Tax (VAT) and excise tax in the Gulf Cooperation Council (GCC) by 2018 constitutes an important policy reform that aims to reduce reliance on hydrocarbon revenues. According to the IMF,...

  • Investment leaders must transform for industry to flourish Apr 05, 2017 | Source : Saudi Gazette

    Investment industry is at an existential crossroads, CFA Institute said in a study revealed Tuesday titled “The Future State of the Investment Profession”. The study warns that investment industry leaders who fail to transform their business models...

  • EDB in strategic partnership to transform Bahrain into region’s financial technology powerhouse Mar 30, 2017 | Source : Saudi Gazette

    The Bahrain Economic Development Board (EDB), FinTech incubator and ecosystem builder Singapore Fintech Consortium (SFC) and Dubai-based asset management and advisory firm Trucial Investment Partners, have partnered to develop a FinTech (financial technology) ecosystem and regulatory framework for...

  • CBO signs MoU with Central Bank of Iran Mar 27, 2017 | Source : Muscat Daily

    The Central Bank of Oman (CBO) recently signed a Memorandum of Understanding (MoU) with the Central Bank of Iran, pursuant to the distinguished relations between the Sultanate of Oman and the Islamic Republic of Iran. According to...

  • The challenges that fintech is facing Mar 17, 2017 | Source : Khaleej Times

    Cyber-security and threats to the financial privacy of individuals and institutions are the key challenges posed by the fast-emerging financial technology (fintech), according to experts at a seminar on the role of technology in banking and financial services.

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