Central Bank of Oman
Central Banking | 30 Jan 2015
Central Bank of Oman unveils framework for regulating domestic systemically important banks, including capital surcharges, stress testing, crisis management and resolution planning
Central Banking | 18 Feb 2014
Central Bank of Oman's Hamood Sangour Al Zadjali tells Central Banking journal the peg still offers 'substantial benefits' given Oman's economic structure
Central Banking Journal | 17 Feb 2014
The Central Bank of Oman remains committed to the dollar as it moves to improve governance, liquidity management and Islamic finance in the sultanate, its executive president tells Chris Jeffery
Central Banking | 10 Jun 2013
Reveals the creation of an independent financial stability unit responsible for implementing macro-prudential policies; calls for a new macro-financial model and improved data collection
Central Banking | 13 May 2013
All banks operating in Oman will have to allocate 5% of credit portfolios to SMEs; prudential and collateral requirements relaxed to encourage lending
Central Banking | 25 Apr 2013
Omani authorities hope to increase jobs in the private sector by stimulating the flow of credit to small and medium-sized companies
Central Banking | 06 Dec 2012
Annual report says domestic demand and higher crude oil prices catalysed growth
Central Banking | 16 Aug 2012
Preparations underway for banking sector shutdown and cash demand surge during religious celebrations; both Central Bank of Bahrain and Central Bank of Oman will shut
Central Banking | 21 Jun 2011
Central Bank of Oman 2010 Annual Report highlights economic impact of political uprising in Middle East
Central Banking | 17 Nov 2009
Central Bank of Oman’s move represents part of a broader trend by emerging-market central banks to refine operational systems
Central Banking | 19 Oct 2009
Members of the four states still involved in plans for single currency in the Gulf ask UAE and Oman to come back
Central Banking | 03 Apr 2003
The meeting of AGCC central bank governors in Qatar on Thursday 3 April was due to discuss issues concerning the common AGCC currency and the supervision of the banking system, according to a report in the Times of Oman.
Central Banking | 04 Nov 2002
OMAN - The GCC monetary union is a stepping-stone for "higher order of integration among member states," said Hamoud Sangour Al Zadjali, Central Bank of Oman executive president.
Central Banking | 18 Oct 2002
OMAN - Gulf Cooperation Council (GCC) countries have entrusted the European Central Bank (ECB) to conduct a study on the modalities to be followed while integrating the economies of member countries and to switch over to a common currency, said the Central Bank of Oman (CBO) Executive President Hamud Sangur al-Zadjali.
Central Banking | 24 Jul 2002
OMAN - The non-petroleum sectors in Oman recorded significant growth in 2001, according to the Central Bank of Oman's annual report.
Central Banking | 09 Apr 2002
OMAN - Hamoud bin Sanjoor al Zedjali, Executive President of the Central Bank of Oman (CBO), inaugurated at the CBO on Sunday a regional seminar on supervisory developments and practices in the banking sector.
Central Banking | 29 Oct 2001
OMAN - A deal to form a national ATM network called Oman Switch by merging Shamel ATM switch and al-Watani ATM switch was signed at the Central Bank of Oman (CBO) on 17 October in the presence of Hamood bin Sanjoor al-Zadjali, CBO Executive President.
Central Banking | 29 Mar 2001
OMAN - The Central Bank of Oman will host a regional seminar on banking supervision organised by Switzerland's Financial Stability Institute of the Bank for International settlements.
Central Banking | 25 Feb 2001
Barely five months after easing the regulations for personal bank loans, the Central Bank of Oman seems poised to tighten them again.
Central Banking | 11 Feb 2001
The Central Bank of Oman (CBO) has allowed commercial banks operating in Oman to sell insurance policies in partnership with any insurance companies in the Sultanate. However, the Central Bank has stipulated that the policies must be sold by the insurance company staff on the banks' premises.The new CBO move, according to insurance circles, would certainly give a fillip to insurance companies, which have been struggling for survival in the last couple of years. Now the banks can sell general as well as life insurance through their strong branch network.
This report covers the specific technologies required for firms to improve their ORM processes.
This white paper looks at the Basel Committee's BCBS239 principles, also known as PERDARR (Principles for Effective Risk Data Aggregation and Risk Reporting), which comes into force from 1 January 2016.