Central Bank of Oman approves Bank Muscat request to open Tehran branch | GulfNews.com:
"The Central Bank of Oman (CBO) has approved the request from Bank Muscat, Oman’s largest lender by market value, to open a representative office in Iran. The move comes after a meeting held by the CBO board members on Sunday.
The approval makes Bank Muscat one of the first foreign financial firms to establish a presence in Iran since the international sanctions, imposed over Tehran’s disputed nuclear programme, were removed in January.
Bank Muscat did not say when the process of opening the office would be completed or give any further details."
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