Bank Muscat branch in India

The executive president of Bank Muscat Al-Ahli Al-Omani, Aburrazzaq Bin Issa, disclosed yesterday that a new branch of the bank being set up in Bangalore, India, in July would reinforce commercial relations between Oman and India.

Aburrazzaq added that the idea to open the new branch was discussed three years ago, but the project was approved only recently. The bank would concentrate on joint projects between Oman and India besides providing financial services.