Business
The Muscat bourse has asked all listed banks to disclose any exposure to Dubai World Group whether directly or indirectly.
Updated : Apr 14, 2018, 02:03 AM IST
Oman's largest lender Bank Muscat said on Sunday it had 19.25 million rials ($50 million) exposure to a syndicated loan from Dubai World Group.
In a regulatory filing, the lender said the exposure was part of a syndicated loan and continued to be serviced.
Shares of Bank Muscat are down 8% at 0719 GMT on the Oman bourse.
The Muscat bourse has asked all listed banks to disclose any exposure to Dubai World Group whether directly or indirectly.