RNS Number : 7280M
BankMuscat (S.A.O.G)
25 January 2021
Date: 25th January 2021
Direct and Indirect Credit Facilities to Abou Nabil LLC (related to Darvesh Group)
We refer to Muscat Securities Market instructions on the above subject and would like to inform the market that Bank Muscat has an exposure totaling OMR 2.1 million to Abou Nabil LLC. The bank has also another exposure totaling OMR 1 million to another related company to Darvesh Group. Thus, the total exposure to Darvesh Group is OMR 3.1 million.
Ahmed Faqir Al Bulushi
Chief Corporate Banking Officer
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