Central Banking

Central bank of Oman awards RTGS project to Imtac

The Central Bank of Oman (CBO) has signed a contract for the implementation of Real Time Gross Settlement (RTGS) with Imtac LLC, a leading IT solutions vendor, the Times of Oman reported Tuesday.

The contract was signed by Hamood Sangour Al Zadjali, executive president of CBO, and His Highness His Highness Sayyid Tarik bin Shabib, director of Renaissance Services SAOG, on behalf of Imtac. Imtac will partner with Hewlett-Packard and CMA Systems to implement the project, the report said.