VOL. XLI

No. 09

2-March-1998

OMAN

Oman's Central Bank Chief Says Banking System Protected FromSecurities Market

There has been some concern that the banking system in Oman may be over-exposed tothe Muscat Securities Market (MSM). While lending for speculative purposes is difficult topolice, the Executive President of the Central Bank of Oman, Mr. Hamud Sangour al-Zadjali,in an interview with MEES Associate Editor James Drummond said that the banking system wasprotected against the primary market...