Middle East Economic Survey
Moodys Sees Stable Outlook For Omani Banking System
The outlook for Omani banks is stable, says Moodys Investors Service in its August 2009 report on the Sultanates banking system. This reflects the relative resilience of Omans non-oil economy to the global recession, the still adequate domestic liquidity in the banking sector and the strong financial ratios of Omani banks. Adequate capitalization levels remain among the primary strengths...