On March 31, 2008, a Consortium comprising of IFC, Bank Muscat, Nomura International and Sinthos Capital led by senior banker Mr. Shaukat Tarin acquired the Bank. The website links of sponsors of the Bank are given below:
A member of the World Bank Group, fosters sustainable economic growth in developing countries
A leading investment bank with network in over 30 countries and total assets of USD 221B. Recently acquired Lehman Brothers in Asia and Europe.
Largest bank of Oman with assets of over USD 15 billion, having significant presence in the Middle East.