banking

Banking credit ticks up to RO 26.4 bn in September
November 26, 2020

Total outstanding credit extended by conventional and Islamic banks in the Sultanate (together known as other depository corporations or ODCs) grew......

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CBO issues treasury bills worth OMR12mn
November 25, 2020

Muscat: Oman’s central bank raised OMR12 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period......

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Total deposits in Oman's banking sector grow 5% to OMR24.3bn
November 24, 2020

Muscat: The total deposits held with other depository corporations (ODCs) reached OMR24.3 billion at the end of September 2020, an increase of 5......

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HSBC expects Omani economy to improve from 2021
November 24, 2020

Muscat: HSBC’s Global Economic Outlook virtual roadshow came to Oman, with more than 100 of HSBC Bank Oman’s clients attending the online......

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Bank Nizwa, ONEIC sign OMR45 million pact
November 23, 2020

Muscat: A pact has been inked between Bank Nizwa and Oman National Engineering & Investment Company (ONEIC) worth OMR45 million to establish......

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Bank Nizwa inks deal to fund Oman sanitation project
November 22, 2020

Oman-based Bank Nizwa said it has inked RO20 million ($51 million) financing agreement with Oman National Engineering and Investment Company (ONEIC)......

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Oman talks to banks about new loan of at least $1bln - sources
November 19, 2020

DUBAI - Oman is discussing a loan of at least $1 billion with a group of banks, sources said, as the oil-producing Gulf state seeks more funding......

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CBO issues treasury bills worth OMR62 million
November 18, 2020

Muscat: Oman’s central bank raised OMR62 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period......

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Oman announces Omani Rial sovereign Sukuk issuance for retail investors
November 12, 2020

Muscat: The Government of Oman represented by the Ministry of Finance (MoF) has announced the successful completion of Series 4 of the Omani Rial......

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Session focuses on role of e-commerce for Omani entrepreneurs
November 8, 2020

Muscat: Bank Muscat, the leading financial services provider in the Sultanate of Oman, in line with its vision ‘To serve you better, everyday’,......

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