VOL. XLIV

No. 16

16-April-2001

OMAN

Omans New Banking Law Tested; Preliminary Bank Results Show Profit Fall

According to the Governor of the Central Bank of Oman (CBO), Hamud Sangur al-Zadjali, the new Banking Law 114/2000 aims to "complement some important areas in the former banking law while keeping pace with modern developments in both banking and economic sectors, locally and internationally." The Governors comments appeared in the latest issue of the CBOs al-Markazi (Special Issue...