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Disclosure on Direct and Indirect Exposure to NMC

14th Apr 2020 09:52

RNS Number : 5443J
BankMuscat (S.A.O.G)
14 April 2020
 

 

 

Date: 14th April 2020

 

 

Disclosure on the Direct and Indirect Exposure to the NMC Healthcare Group and Related Companies.

 

We refer to Muscat Securities Market instructions on the above mentioned subject and would like to inform the market that Bank Muscat does not have any direct exposure to NMC Healthcare Group. Bank Muscat has only a guarantee limit of OMR 250k to a related company in Oman (UNIMONI EXCHANGE LLC). This guarantee is secured against 100% cash margin.

 

 

 

 

Waleed K. Al Hashar

Chief Executive Officer

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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