banking

Bank Muscat wins Best Private Bank Award from The Banker
December 1, 2021

Muscat – Bank Muscat has once again won the prestigious ‘Best Private Bank in Oman’ award from Professional Wealth Management and......

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ahli Global Equity Fund - Your gateway to the world
November 30, 2021

Muscat: ahlibank announced the launch of ahli Global Equity Fund, the first fund of its kind in Oman to be regulated by the Capital Market Authority.......

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RBI imposes monetary penalty on State Bank of India
November 28, 2021

Mumbai: The Reserve Bank of India (RBI) by an order dated November 16 has imposed a monetary penalty of Rs 1 crore on the State Bank of India for......

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CBO issues treasury bills worth OMR75mn
November 24, 2021

Muscat: The Central Bank of Oman (CBO) raised OMR75 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity......

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Sohar International seeks to initiate merger talks with Bank Nizwa
November 24, 2021

Muscat – Sohar International Bank has expressed its intention to initiate merger discussions with Bank Nizwa. The bank on Tuesday sent a letter......

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Bank Muscat receives two awards from JP Morgan
November 17, 2021

Muscat – Bank Muscat has been recognised by global banking giant JP Morgan for its best-in-class Straight-Through Processing (STP) rates for......

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Bank lending in Oman grows 4.9% in September
November 15, 2021

Muscat – Bank lending in Oman has shown signs of revival in past few months and credit growth has further increased in September, the Central......

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CBO issues treasury bills worth OMR74 million
November 10, 2021

Muscat: The Central Bank of Oman (CBO) raised OMR74 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity......

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Sohar International gets Saudi licence
November 9, 2021

Muscat – Saudi Arabia’s central bank has granted Sohar International Bank the licence to open a full-fledged branch in the kingdom. ‘The......

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ahlibank reports 10.1% growth in net profit
November 7, 2021

Muscat: Corroborating its current market standing and competitiveness, ahlibank has reported a 10.1 per cent growth in net profit in its preliminary......

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