Research notes lack of instruments forced Islamic banks to hold a lot of cash
Tougher national rules aim to strengthen the most important banks
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 Bank of Oman's Hamood Sangour Al Zadjali on the dollar, financial stability and Islamic finance
Interview: Hamood Sangour Al Zadjali
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
All banks operating in Oman will have to allocate 5% of credit portfolios to SMEs; prudential and collateral requirements relaxed to encourage lending
Omani authorities hope to increase jobs in the private sector by stimulating the flow of credit to small and medium-sized companies
Annual report says domestic demand and higher crude oil prices catalysed growth
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 Bank of Oman 2010 Annual Report highlights economic impact of political uprising in Middle East
Central Bank of Oman’s move represents part of a broader trend by emerging-market central banks to refine operational systems
Members of the four states still involved in plans for single currency in the Gulf ask UAE and Oman to come back
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.
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.
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...
OMAN - The non-petroleum sectors in Oman recorded significant growth in 2001, according to the Central Bank of Oman's annual report.
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.
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.
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.
Barely five months after easing the regulations for personal bank loans, the Central Bank of Oman seems poised to tighten them again.
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...