HSBC Oman

Type: Company

Name: HSBC Oman

First reported Apr 30 2013 - Updated May 01 2013 - 1 reports

MIDEAST STOCKS-Abu Dhabi property stocks slide after mixed Q1

2:52pm BST* Shares of Aldar, Sorouh slip as Q1 revenues fall* Dubai at new 3-1/2 year high* Investors give tepid response to HSBC Oman Q1 profit jump* Loss-making telco Zain Saudi extends $3 bln of loans againBy Matt SmithDUBAI, April 30 (Reuters) - Shares ... [Published Reuters UK - Apr 30 2013]

Entities: Abu Dhabi, Property, Dubai

First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

HSBC Bank Middle East Ltd

HSBC Oman posts Q1 net profit of RO5.7mn

(MENAFN - Muscat Daily) HSBC Bank Oman has posted a net profit of RO5.7mn for the first quarter ended March 31, 2013, which is 91 per cent higher ... [Published MENAFN - Apr 30 2013]

Entities: HSBC Bank Oman, HSBC Oman, Net Profit, HSBC Bank Middle East Ltd

First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

HSBC Oman edges up on Q1 profits rise

Shares in HSBC Bank Oman edge higher as investors give a lukewarm response to the lender's quarterly profit jump. ... [Published CPI Financial - Apr 30 2013]

Entities: HSBC Oman, HSBC Bank Oman

First reported Apr 30 2013 - Updated Apr 30 2013 - 3 reports

HSBC Oman unit Q1 net profit up 91pc

HSBC Bank Oman, a unit of HSBC and the Sultanate's third-largest by market value, said its first-quarter net profit rose 91 per cent from a year earlier after it benefited from loan recoveries. ... [Published Trade Arabia - Apr 30 2013]

Entities: HSBC Oman, Net Profit, HSBC Bank Oman

First reported Apr 27 2013 - Updated Apr 27 2013 - 1 reports

HSBC's new Oman unit attracts 'significant' business

International bank HSBC says its Omani unit has already attracted a “significant” amount of business since its merger with Oman International Bank (OIB) less than a year ago.More than 60 branches have been refurbished and rebranded as the new HSBC Oman ... [Published Arabian Business - Apr 27 2013]

Entities: Oman, Simon Cooper, HSBC Oman

First reported Apr 20 2013 - Updated Apr 20 2013 - 1 reports

HSBC Oman organises training workshop

HSBC Bank Oman’s customerfacing employees have recently concluded a customer service representative training workshop entitled ‘Frontline First’ that combined operations, systems and product knowledge training exercises.The three day training workshop ... [Published Muscat Daily - Apr 20 2013]

Entities: HSBC Bank Oman, HSBC Oman, Performance Management System

First reported Apr 19 2013 - Updated Apr 19 2013 - 1 reports

Mid April construction and maintenance update

ExonMobil has shut its Joliet refinery in order to conduct planned routine maintenance. The closure encompasses all units.TexasAn unexpected loss of power in the Port Arthur region of Texas has caused problems for a number of refineries in the area.Electrical ... [Published Energy Global - Apr 19 2013]

Entities: Refinery, Port Arthur (United States), US 1 Industries Inc, Construction, CNOOC China National Offshore Oil Corp Ltd

Quotes

...06bn from RO485.2mn, while customer deposits increased 155 per cent to RO2.12bn. "The increase in loans and advances and customer deposits is mainly from combining the two businesses of Oman International Bank (OIB) and HSBC Bank Middle East Ltd, Oman branches, following the merger in 2012" the bank said in its disclosure

HSBC Oman posts Q1 net profit of RO5.7mn [Published MENAFN - Apr 30 2013]

"There's a big difference between what you see in the (property market and what companies report in their earnings because they only record revenue from property sales when the property is delivered, not when it is sold" said a regional property analyst on condition of anonymity

MIDEAST STOCKS-Abu Dhabi property stocks slide after mixed Q1 [Published Reuters UK - Apr 30 2013]