Mubasher: HSBC Bank Oman announced on Sunday that it completed the sale of its shares in Visa Inc., in light of the bank’s policy to sell investments that are not part of its main banking activities.

The deal netted the Muscat-listed bank a profit before tax of about OMR 3.6 million, which will be shown in the company’s financial statements for 2015.  

HSBC Oman earlier announced that it sold its Pakistani banking operations to Pakistan Meezan Bank, an affiliate of Kuwait-listed Noor Financial Investment Company.