March 15, 2020 / 1:45 PM / 14 days ago

Oman's Bank Muscat signs $650 million loan with 20 banks

DUBAI (Reuters) - Oman’s Bank Muscat BKMB.OM said on Sunday it signed a $650 million three-year loan with 20 lenders.

The Omani bank said it will use the loan to finance projects and refinance an existing loan, according to a statement on its website.

Reporting by Hadeel Al Sayegh, editing by Davide Barbuscia

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