banking

NBO posts over 39% growth in profits for nine months
October 18, 2021

Muscat – National Bank of Oman (NBO) has reported a 39.4 per cent year-on-year growth in net profit for the nine months period ended September......

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Bank Muscat profit rises 24% to RO140mn for nine months
October 17, 2021

Muscat – Bank Muscat, the flagship financial institution in the sultanate, has reported a 23.8 per cent year-on-year growth in its net profit......

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Global team plans green ammonia project in Oman
October 16, 2021

An international consortium comprising the alternative energy business unit of OQ, Marubeni Corporation, Linde and Dutco has signed a Joint Development......

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CBO issues treasury bills worth OMR287 million
October 13, 2021

Muscat: Oman’s central bank raised OMR287 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period......

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GCC banks demonstrated resilience to COVID-19 crisis: S&P
October 11, 2021

Muscat – Banks in the GCC countries have demonstrated strong resilience to the COVID-19-related economic slowdown due to Gulf central banks’......

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Central Bank of Oman and NCFI sign cooperation programme
October 11, 2021

Muscat – The Central Bank of Oman (CBO) and the National Center for Financial Information (NCFI) have signed a cooperation programme to collaborate......

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Central Bank of Oman announces OMR7mn for Shaheen relief work
October 7, 2021

Muscat: The Central Bank of Oman (CBO) and the national banking sector have announced an allocation of OMR7 million towards the welfare of people......

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CBO asks banks to extend grace period on loan repayments
October 7, 2021

Muscat – The Central Bank of Oman (CBO) on Tuesday issued a number of directives to all the banks and finance leasing companies (FLCs), including......

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CBO issues stimulus package to minimise economic impact of Covid-19 on the lives of individuals, institutional borrowers
October 6, 2021

Muscat: The Central Bank of Oman (CBO) has issued a number of directives to all banks and finance leasing companies (FLCs), including the announcement......

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Bank Muscat announces OMR1 million donation
October 6, 2021

Muscat: In solidarity with national relief efforts, Bank Muscat, the leading financial services provider in the Sultanate, has announced the contribution......

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