Oman takes EM focus as banks flock to budget gap opportunity

oman harbour px230 for gc
By Dan Alderson
12 Jan 2017

The Gulf Cooperation Council (GCC) region looks set to provide a hotbed of loans market activity in the first half of 2017, with bankers sizing up a strong pipeline out of Oman as the sultanate looks to address a budget deficit.

Oman Oil and Bank Muscat are set to kick off a rash of loans, with a number of state-owned entities said to be in discussion with lenders. Bankers see Oman as a key focus point alongside Dubai (see separate story) for emerging market loan business this year, with ...

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