Wednesday 28, December 2016 by Robin AmlĂ´t

Oman Arab Bank completes perpetual bonds listing

Oman Arab Bank successfully concluded its issue of OMR-denominated Perpetual Bonds, raising OMR 30 million as Additional Tier 1 capital. The issue will boost the bank’s capital base and increase its capital adequacy ratio. The Investment Management Group of OAB (OAB-IMG) managed the issue of this private placement.

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