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The balance of payments (BoP) situation in the Sultanate continues to remain comfortable, thanks to a robust growth in oil production and prices remaining at high levels. As hydrocarbon exports comprise more than two-third of total exports, the
The total value of private deposits at the commercial banks in the Sultanate as of the first quarter of 2013 rose by 9.2 per cent to OMR9.19 billion compared to OMR8.42 billion in the corresponding period in 2012.
The total bank credit by sectors at the commercial banks in the Sultanate during the first quarter of 2013 stood at OMR14.28 billion, compared to OMR13.14 billion during the same period in 2012, constituting a rise of 8.7 per cent.
Board of Directors' meeting at its Head Office in Al Khuwair. Group to the Sultanate to strengthen and grow its operations in Oman...Bank Oman, paid a courtesy visit to the Central Bank of Oman. Rate this Article Latest in this
15 pm Muscat: The Central Bank of Oman (CBO) has issued a roadmap for implementation of Basel III norms in the Sultanate. The stronger definition of capital, higher minimum core capital requirements, new capital buffers, leverage ratio and liquidity
53 pm Muscat: The Sulatanate's banking regulator Central Bank of Oman (CBO) plans to issue rules to boost lending to small and medium-sized firms, in a new move to help bring unemployment down in the Sultanate.
The statistics issued by the Central Bank of Oman pointed out that the aggregate deposits held with commercial banks witnessed a significant rise of 14 percent to OMR 14.47 billion in February 2013 from OMR 12.69 billion a year ago.
Omanisation and Job Fair (Jobex) and Vocational Training (Trainex) will begin at the Oman International Exhibition Centre on Tuesday under the patronage of His Highness Sayyid Taimour bin Asa'ad bin Tariq Al Said, assistant secretary-general for
23 pm Muscat: The Central Bank of Oman (CBO) would wish to draw the attention of the public towards the increasing number of suspicious financial transactions and attempts of fraud. Such attempts are being made inventively, in different ways,
Mohamed Al Husseiny played a key role in defining our vision, and assisting with the Bank's successful IPO and establishment activities. On behalf of the Board of Directors, I would like to thank him for his contribution and commitment" said His