BankDhofar completes acquisition of Bank of Baroda’s Oman branch

MUSCAT : In a disclosure released today on Muscat Stock Exchange, BankDhofar stated: “Further to our disclosure dated January 27, 2025, regarding Bank Dhofar SAOG’s execution of Business Transfer Agreement with Bank of Baroda India, representing Bank of Baroda (Oman Branch), we are pleased to announce the completion of the integration of Bank of Baroda (Oman Branch) into Bank Dhofar SAOG.”

BankDhofar also expressed its gratitude to the Central Bank of Oman, the Financial Services Authority and the Ministry of Commerce, Industry and Investment Promotion for the support in the smooth completion of the transfer process.