Sohar International Bank announces a binding merger agreement with HSBC Bank Oman

Sohar Bank
Sohar Bank

Muscat: Sohar International Bank SAOG announces entry into a binding merger agreement with HSBC Oman SAOG

In a disclosure to Muscat Stock Exchange Sohar Bank said: “Further to the disclosures made on 19th June 2022 and on 26th 2022, Sohar International Bank SAOG (Sohar International) would like to announce that its Board of Directors approved the entry into a binding merger agreement with HSBC Bank Oman SAOG (HSBC Oman), under which the two banks agreed to take the necessary steps to implement a merger by incorporation (the agreement).

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