VOL. XLI
No. 42
19-October-1998
OMAN
1997 Banking Sector Results
Prudent CBO monitoring and supervision has led to consolidation withinthe Omani banking sector and more uniformity between banks in terms of size and structure,leading to a more competitive environment (see tables below). Omani banks have achievedstrong capitalization, with all banks adhering to the CBO ruling which requires a 12%capital adequacy ratio (MEES, 2 March). Omani banks have also benefited from asubstantial geographical...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!