Oman poised to tighten loan rules again

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 has asked the commercial banks to provide details of personal loans that have turned bad. This is the first time the bank has asked for separate figures on non-performing personal loans.

Five months ago, in September 2000, the CBO raised the ceiling for personal loans from 30 per cent to 35 per cent. Provisions against commercial bank loan losse

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: