Banks coping with tougher environment – Omani stress tests

Hamood Sangour Al Zadjali at Central Bank of Oman
Executive president Hamood Sangour al-Zadjali

Banks in Oman are well placed to cope with the tougher environment implied by lower oil prices, and the central bank has been building its financial stability capabilities, the Central Bank of Oman says in its latest financial stability report.

Executive president Hamood Sangour al-Zadjali writes that the Omani banking sector continues to "dominate the financial landscape" of Oman, but according to the central bank's stress tests in 2015, credit risk is "well contained", and institutions are

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