Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…
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Central Bank of Oman
Oman cuts repo rate by 25 bps
The Central Bank of Oman (CBO) reduced its repo rate for local banks by 25 basis points to 4.75 per cent, effective…
GCC meet on banking
The Sultanate will take part tomorrow in the 55th meeting of the GCC Governors of Monetary Institutions and Central…
Central Bank Of Oman Issues Cds Worth RO201m
Certificates of deposit (CDs issue No. 782) tender was held at the Central Bank of Oman (CBO) this week. The total…
Banks To See Cost Benefit
Conventional banks that fail to offer Islamic Banking services risk an exodus of customers in favour of market…
Bank Sohar’s RO10m Rights Issue By Sept
Bank Sohar , the youngest Omani bank that was aggressive in expanding business and branch network, is planning to…
Certificates Of Deposit Tender Results
Certificates of deposit (Issue No 777) tender was held at the Central Bank of Oman (CBO) last week. The total…
Omani Banking Sector Earnings Rose To US$ 412.81 Mln
Oman’s banking sector continues to maintain strong performance aided by higher credit growth, increasing…
Omani Central Bank Issues RO 211 Mln CDs
Certificates of deposit (Issue No 773) tender was held at the Central Bank of Oman (CBO) last week. The total…
Oman’s Govt. Bond Witnesses High Demand
The Central Bank of Oman's RO100 million- government development bond issue, which closed subscription on June 14,…
Central Bank Of Oman Provides Staff With Islamic Finance Training
As part of major preparations for the launch of Islamic financial services in the Sultanate of Oman, the Central…
Assets Of Commercial Banks In Oman Rose 21%
Omani banking sector continued its robust performance consistent with overall growth of the economy. Total assets…
Central Bank of Oman Issues CDs Worth RO326 Mln
Central Bank of Oman (CBO) has offered certificates of deposit no. 771 worth RO326 million last week. A bulletin…
Oman Launches Islamic Banking and Finance Conference 2012
Under the theme, Building a Growth Path for Islamic Banking & Finance in Oman through improved regulation,…
Oman To Issue 10-Yr Bonds Soon
The Central Bank of Oman (CBO) announced the new 40th issue of Government development bonds. The size of the new…
Omani Experts: Islamic Banks Need Liquidity Management Tools
Oman's Bank Muscat CEO AbdulRazak Ali Issa, stressed the need of Islamic liquidity management instruments. A…
Commercial Deposits of Omani Banks Surges 17.5%
Total value of private deposits at the commercial banks in Oman as of end January and February 2012 rose by 17.5…
Omani Banks To Apply Basel III Next Year
Central Bank of Oman announced that ‘Basel III’ accord, the global regulatory standards on bank capital adequacy,…
Mr. Tony Blair is the keynote speaker At Oman Economic Forum
Mr. Tony Blair UK’s previous Prime Minster is keynote speaker at Oman Economic Forum, (OEF), to take place on the…
Central Bank of Oman launches 28-day Certificates of Deposit
Central Bank of Oman (CBO) held certificates of deposit (Issue No 762) tender. The total amount allocated was RO…
Oman’s Private Bank Deposits Rise 12% In January 2012
Central Bank of Oman (CBO) announced that Total value of private deposits at the commercial banks in the Sultanate…
Oman’s Central Bank Approves OIB-HSBC Merger
The Central Bank of Oman (CBO) has given ‘in principle’ approval to the proposed merger of Oman International Bank…
BankdDhofar and Deloitte and Touche work together to launch Islamic banking
BankDhofar have signed an agreement with Delloitte and Touche to create a market assessment and feasibility study…
New, secure banknotes introduced in Oman
The Central Bank of Oman has introduced new, upgraded banknotes of RO5 and RO10…