HBL has ceased banking operations in the Sultanate of Oman, according to Middle Eastern newspapers.
According to a notice published in the Official Gazette No. 1,559, Habib Bank Shut down it’s Operation.The closure of the bank’s branches in Oman is based on Article 84 of the Banking Law as provided for in Royal Decree No. 114 of 2000. The closure was approved by the Central Bank of Oman, which facilitated…