Al Omaniya to acquire United Finance


(MENAFN) Al Omaniya is set to submit a full acquisition offer for Oman's United Finance, a deal which UF's board has been considering for a while, Reuters reported.

Last month, United Finance asked the National Bank of Oman, Bank Nizwa and Al Omaniya to partake in a procurement bidding procedure. The other two establishments have concluded not to bid.

United Finance offers loans and leasing services as well as corporate deposits.


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