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S&P Says Financial Profile Of Omani Banks Adequate Despite Weak Asset Quality

Published on Mon, 30 Sep 2002 - Volume: 45 Issue: 39

VOL. XLV

No 39

30-September-2002

OMAN

S&P Says FinancialProfile Of Omani Banks Adequate Despite Weak AssetQuality

The financial profile of the Omani banking sector isadequate according to a report published by ratings agency Standard &Poors (S&P), Bank Industry RiskAnalysis: Oman, reflecting further consolidation of the banks, improvementsin regulations, and the strong track record of institutional support. However,these positive factors are offset against credit-risk concentrations...

S&P Says Financial Profile Of Omani Banks Adequate Despite Weak Asset Quality

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