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,...