The Central Bank of Oman’s Consumer Protection Regulatory Framework is being implemented from July 2023, which sets an even higher bar on banks for transparency, business...
The Central Bank of Oman is working towards liberalising the approval process for new banking products and services and reducing regulatory barriers to foster innovation. Excerpts...
A tender of Government Treasury Bills, issue number 164, worth RO10mn was issued this week. Treasury Bills are short-term highly secured financial instruments issued by the...
The Central Bank of Oman (CBO) has increased its repo rate for local banks by 75 basis points to 3 per cent. The move comes after...
Muscat: A tender of Government Treasury Bills, issue number 159, worth RO 125 million was issued this week. Treasury Bills are short-term highly secured financial instruments...
The Sultanate’s Apex Bank, Central Bank of Oman, approved the initiation of due diligence for the proposed merger between Sohar International and Bank Nizwa yesterday [January 18,...
The total outstanding credit extended by other depository corporations (ODCs) consisting of conventional and Islamic banks in Oman grew by 4.3 per cent to RO27.3bn at...
Can you share highlights of the financial performance of banking and non-banking financial institutions sector in 2020 and the outlook for the remainder of 2021? The...
Muscat: The Central Bank of Oman (CBO) issued a statement outlining incentives stated in the Economic Stimulus Plan (ESP) that was endorsed by His Majesty Sultan...
Muscat: Foreign assets in the Central Bank of Oman reached more than RO5bn but marked a decrease when compared to the assets from the same period...
