banking

ODP announces loan repayment relief
May 12, 2021

Muscat: Oman Development Bank (ODB) has announced the extension of the repayment period for all beneficiaries of the emergency loan scheme packages.......

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Bank Muscat encourages customers to use digital channels to transact safely
May 11, 2021

In line with the directives of the Supreme Committee on dealing with COVID-19 and its commitment to promoting financial inclusion across the Sultanate,......

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Ahli Bank records outstanding performance in first quarter
May 10, 2021

Amid current economic conditions brought about by the effects of the coronavirus pandemic, Ahli Bank has achieved impressive results in the first......

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Leading Oman banks post 32pc decline in 2020 net
May 8, 2021

The top eight lenders in the Sultanate witnessed subdued growth in total assets of 3.6 per cent in 2020, while net profit declined by an average......

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Bank, insurance staff can work without receiving customers
May 6, 2021

Muscat: The economic activities that are allowed to work administratively during the period from 8 to 15 May 2021 (4 am to 7 pm) inside the workplace......

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Omani banks face rising bad loans amid slow recovery: Fitch
May 2, 2021

Omani banks’ intrinsic credit profiles face pressure throughout 2021 due to economic disruption caused by the pandemic and the government’s......

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Private schools ready to take e-learning to next level
May 2, 2021

After imparting education virtually in the past year, private schools in the Sultanate are all set to take the e-learning system to the next level,......

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System of e-transferring public sector salaries now fully operational
May 2, 2021

The Ministry of Finance has confirmed that it has completed the activation of an initiative in which the salaries of government employees are e-transferred.......

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Omani banks face rising bad loans amid sluggish economy
April 29, 2021

Omani banks’ intrinsic credit profiles face pressure throughout 2021 due to economic disruption caused by the pandemic and the government’s......

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Digital banking key to enhancing financial inclusion
April 29, 2021

MUSCAT, APRIL 28 The issue of promoting access to financing and financial services in the Arab countries is receiving great attention from the Council......

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