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Oman, Standard Chartered pen USD30b pacts in 4 years
(MENAFN) Oman secured over the last three to four years agreements with Standard Chartered Bank valued at more than USD30 billion for a range of financing initiatives.
Oman was hailed by Standard Chartered group chairman Jose Vinals for its performance in managing cash.
"We, as a bank, were involved in various project finances along with the government and other key players for many years. And in the past three-four years, we have signed deals worth over US$30bn," the group chairman affirmed.
Vinals further added that several agreements between both sides are yet to be concluded, with the USD30 billion not all yet to be spent in Oman.
Oman was hailed by Standard Chartered group chairman Jose Vinals for its performance in managing cash.
"We, as a bank, were involved in various project finances along with the government and other key players for many years. And in the past three-four years, we have signed deals worth over US$30bn," the group chairman affirmed.
Vinals further added that several agreements between both sides are yet to be concluded, with the USD30 billion not all yet to be spent in Oman.
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