BankMuscat mulls South Asia expansion, eyes Chennai, Mauritius, Sri Lanka

07 March 2012

Omani lender, BankMuscat is 'seriously considering' spreading its wings to at least three more countries, which are, the South Indian city of Chennai, Sri Lanka, and Mauritius, Oman Daily Observer has reported, citing sources close to the these countries. As part of the ground study, one of BankMuscat's key personnel is expected to visit the three South Asian countries by the end of this month or early April, the sources said. However, the details of the plans are yet to be worked out, they added.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.