NO. 47


Financial and Banking News

Omani Banks Emerge Strongly From Re-Organization But Now Face Challenge OfProfitability

MEES Associate Editor Andrew Cunningham, who recently visited Oman, assessesthe impact of new developments in the Omani banking industry.

Omani banks are reaching the end of a period of transformationcharacterized by mergers, restructurings and capital increases. The result is amore focused banking system consisting of fewer but stronger institutions,...