MUSCAT: National Bank of Oman (NBO) will shut its operations in Egypt, according to Muscat Securities Market (MSM).
In a filing to MSM on Monday, NBO said it will close its last branch and operations in Egypt towards the end of the first quarter of 2020.
“The board had resolved to exit from Egypt and close its last branch and operations there. The bank would be targeting the end of the first quarter of 2020 to reach that exit,” the bank said.
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