British bank HSBC Holdings and Oman International Bank are in discussions for a potential merger of HSBC'S Oman operations with the Gulf lender, OIB said on Thursday, without giving any further details of how a deal could work.
"These discussions are ongoing and no decision has been made as to whether to recommend proceeding with any transaction," OIB said in a bourse statement which did not give any further details.
HSBC was not immediately available for comment in Dubai.
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