Tag: CBO Oman
CBO’s Consumer Protection Regulatory Framework Sets the Benchmark for Omani Banks
The Central Bank of Oman’s Consumer Protection Regulatory Framework is being implemented from July 2023, which sets an even higher bar on banks for...
Promoting Sustainability and Embracing Digitalisation: CBO’s Agenda for Oman’s Banking Sector
The Central Bank of Oman is working towards liberalising the approval process for new banking products and services and reducing regulatory barriers to foster...
Tender Results Issue No. 164 Of Government Treasury Bills Worth RO10M Issued
A tender of Government Treasury Bills, issue number 164, worth RO10mn was issued this week.
Treasury Bills are short-term highly secured financial instruments issued by...
CBO Raises Repo Rate For Local Banks By 75 Basis Points
The Central Bank of Oman (CBO) has increased its repo rate for local banks by 75 basis points to 3 per cent.
The move comes...
CBO Issues Government Treasury Bills Worth RO 125 Million
Muscat: A tender of Government Treasury Bills, issue number 159, worth RO 125 million was issued this week.
Treasury Bills are short-term highly secured financial...
CBO Approves Initiation Of Due Diligence For Proposed Merger Between Sohar International & Bank...
The Sultanate's Apex Bank, Central Bank of Oman, approved the initiation of due diligence for the proposed merger between Sohar International and Bank Nizwa yesterday...
Total Outstanding Credit Extended By ODCs Hits RO27.3Bn In End-July 2021
The total outstanding credit extended by other depository corporations (ODCs) consisting of conventional and Islamic banks in Oman grew by 4.3 per cent to...
Oman’s banking sector poised for growth in 2021
Can you share highlights of the financial performance of banking and non-banking financial institutions sector in 2020 and the outlook for the remainder of...
CBO Issues Statement On Economic Stimulus Plan’s Incentives
Muscat: The Central Bank of Oman (CBO) issued a statement outlining incentives stated in the Economic Stimulus Plan (ESP) that was endorsed by His...
Central Bank Of Oman Marks 5.9% Decrease In Foreign Assets
Muscat: Foreign assets in the Central Bank of Oman reached more than RO5bn but marked a decrease when compared to the assets from the...
