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Monday, December 02, 2024 | Jumada al-ula 29, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Banking

These banknotes cannot be used after December 31

Muscat: Certain denominations of currency will be withdrawn from circulation and will be not useable as a legal tender after December 31.The Central Bank of Oman (CBO) circular of January 7 stated that after December...

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Islamic finance industry projected to soar to $40 bn

The CBO’s new Bank Deposit Protection Law extends protection to Islamic banks’ deposits as well

CBO allocates RO 43 million WORTH OF treasury bills

According to the CBO, the interest rate on repurchase operations (repo) for these bills is 5.25%.

Government treasury bills total RO 48 million

Treasury bills play a significant role in setting a benchmark for short-term interest rates in Oman’s financial market.

CBO cuts Repo Rate for local banks by 25 basis points

Central Bank of Oman

CBO announces auction results of 72nd GDB issue

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Dollar set for third weekly gain as 'Trump trade' gathers pace

Bank Muscat posts net profit of RO 170.79 million

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New law strengthens bank deposit protection

The new law is designed to safeguard deposits held at licensed financial institutions in Oman.

CBO issues RO 19.4 million government treasury bills

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Oman Islamic banking assets reach RO 7.8 billion

Abdulsalam bin Mohammed al Murshidi, President of the Oman Investment Authority, presided over the event.

MOCIIP issues decision on commercial loans

MOCIIP

China launches late stimulus push to meet 2024 growth target

The headquartres of the People's Bank of China (PBOC)

CBO initiatives to strengthen monetary and financing landscape

The Central Bank is currently implementing numerous initiatives in collaboration with relevant entities to help advance the financial sector.

Apple Pay to boost cashless, cardless transactions

Apple Pay

Norway central bank sees no rate cut this year, keeps 16-year high

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