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 : 19 Sep 2017 10:15 am (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...

  • Oman’s Islamic banking assets surge 34% to RO3.4bn in April Jul 10, 2017 | Source : Muscat Daily

    Total assets of Islamic banks and windows in Oman reached to RO3.4bn at the end of April 2017 compared with RO2.54bn a year ago, recording a robust growth of 34 per cent. Islamic banking industry now accounts...

  • Al Ahlia Insurance IPO opens for subscription Jul 09, 2017 | Source : Muscat Daily

    Al Ahlia Insurance Company SAOG (under transformation) announced the opening of its initial public offering (IPO) for subscription. Al Ahlia’s IPO, which opened for subscription on July 4, is the first IPO on the Muscat Securities Market...

  • Vision Insurance IPO to open for subscription on Sunday Jul 06, 2017 | Source : Muscat Daily

    Vision Insurance SAOG (under transformation) announced to launch its initial public offering (IPO) to raise nearly RO4mn from the primary market in Oman. The company is offering 25mn shares at a price of 162bz per share, according...

  • Fitch Ratings revises five Omani banks’ outlooks to ‘negative’ Jul 05, 2017 | Source : Muscat Daily

    Fitch Ratings has revised the outlook on five Omani banks - Bank Muscat, HSBC Bank Oman, ahlibank, BankDhofar and Bank Sohar - to negative from stable. The outlook on National Bank of Oman (NBO) remained stable. Fitch...

  • 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,...

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