banking

Bank loans to help expats buy homes in Oman
September 23, 2021

Muscat: Expats who wish to buy apartments in Oman under a new scheme launched by the government can fund their investment with the help of local......

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Bank Nizwa and AAOIFI sign MoU for Islamic finance development in Oman
September 23, 2021

Muscat: Bank Nizwa signed a comprehensive MoU with the top Islamic Finance Standard Setting Body, AAOIFI, Bahrain, in a virtual signing ceremony......

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CBO says payment systems faced technical glitches
September 22, 2021

Muscat – The Central Bank of Oman (CBO) on Tuesday said that some of its payment systems were experiencing intermittent interruptions in view......

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CBO participates in Arab central bankers meeting
September 21, 2021

Muscat – The central bank of Oman (CBO) participated in the meeting of the Arab central banks to discuss the challenges and risks for the banking......

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Over 3,000 loans granted by Oman Development Bank in this governarate
September 20, 2021

Muscat: At least 3,000 loans with a value of over OMR 24 million have been granted by the Oman Development Bank branch in Dhofar Governorate during......

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New Age Banking Summit to focus on evolving financial eco system in digital age
September 20, 2021

Muscat: The sixth edition of New Age Banking Summit will take place on September 22, at Al Bustan Palace – A Ritz Carlton Hotel. Tahir Al Amri,......

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IMF hails Oman’s ‘resilient and sound’ banking sector
September 20, 2021

Muscat – The International Monetary Fund (IMF) has welcomed the continued resilience of Oman’s banking and financial sector in the face......

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Bank loan growth picks up pace as economy recovers
September 16, 2021

Muscat – After seeing a slowdown for more than a year due to the pandemic-induced economic recession, the loan growth of Oman’s banks......

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CBO issues treasury bills worth OMR162 million
September 15, 2021

Muscat: Oman’s central bank raised OMR162 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period......

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Omani bank Sohar International raises Tier I capital by $130mln after rights issue
September 14, 2021

Omani bank Sohar International has raised its Tier I capital by 50 million riyals ($130 million) following the successful closure of its new rights......

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