HomeNewsBusinessCompaniesHSBC Bank Oman completes sale of India assets to Doha Bank
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HSBC Bank Oman completes sale of India assets to Doha Bank

Shareholders of Doha Bank, Qatar's fifth-largest lender by assets, approved the purchase in December 2014 after an agreement between the two banks about the sale was reached in April of that year.

April 01, 2015 / 13:52 IST
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HSBC Bank Oman has completed the sale of its Indian assets to Doha Bank, the affiliate of HSBC Holdings said in a statement on Wednesday.

Shareholders of Doha Bank, Qatar's fifth-largest lender by assets, approved the purchase in December 2014 after an agreement between the two banks about the sale was reached in April of that year.

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HSBC Bank Oman did not reveal the size of the transaction.

first published: Apr 1, 2015 11:05 am

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