VOL. XLII

No. 13

29-MARCH-1999

OMAN

CBO Hones Regulations As Omani Banks Continue To Flourish

Low oil prices and financial market turmoil are starting tocatch up with Omani banks. However, sound prudential regulations, conservativelending policies and a general aura of pragmatism mean that Omani banks arewell poised to handle an inevitable asset quality downturn. In an exclusive interviewin Muscat with MEES Associate Editor Clare Woodcraft, the Executive Presidentof the Central Bank of Oman...