GRM Sponsors

The bank started as Bank Dhofar al Omani al Fransi in January 1990, with a paid up capital of 5 million Omani Rials. The bank acquired the assets and liabilities of Banque Paribas through a sale and purchase agreement and entered into a five year management contract with the French bank. It commenced operations with two branches, one in Muscat and the other branch in Salalah