banking

CBO issues treasury bills worth OMR13mn
June 22, 2022

Muscat: The Central Bank of Oman (CBO) raised OMR13 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity......

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CBO Board of Governors reviews challenges facing financial stability
June 21, 2022

Muscat: The Board of Governors of the Central Bank of Oman (CBO) convened its second meeting for 2022. The board commenced its meeting by welcoming......

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ODB finances 95 Al Wusta projects in Q1 2022
June 20, 2022

Muscat – Oman Development Bank (ODB) has financed 95 projects of varying size and activities in Al Wusta in the first quarter of 2022. The......

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Sohar International eyes merger with HSBC Oman-
June 20, 2022

Muscat – Sohar International Bank has shown its intention to explore the possibility of a merger with HSBC Bank Oman. ‘The board of directors......

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Ahlibank launches Tamkeen crowdfunding initiative to empower SME growth
June 16, 2022

Muscat – ahlibank on Tuesday launched its first-of-its-kind ‘Tamkeen’ crowdfunding initiative at a press conference at Sheraton......

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CBO issues treasury bills worth OMR7.2mn
June 15, 2022

Muscat: Oman’s central bank raised OMR7.2 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period......

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ahlibank launches crowd funding initiative to empower SME growth
June 15, 2022

Muscat: As part of its endeavour to support Oman’s Small and Medium Enterprises (SMEs) and bolster the national economy, ahlibank has launched......

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Omani Rial to Rupee rate climbs to highest-ever level
June 14, 2022

Muscat: Indian nationals living in Oman can continue to take advantage of the high exchange rate they receive when they convert Omani Rials into......

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Credit extended by banks in Oman tops OMR23bn
June 13, 2022

Muscat: The total bank credit extended by commercial banks in the Sultanate of Oman during the first quarter of this year amounted to OMR23.10 billion,......

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ahlibank branch managers meet to discuss future growth strategy
June 13, 2022

Muscat: Following its Positive performance in the first quarter of 2022, ahlibank recently held a branch managers' meeting to review the performances......

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