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Friday, September 20, 2024 | Rabi' al-awwal 16, 1446 H
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Banking

Norway central bank sees no rate cut this year, keeps 16-year high

OSLO: Norway's central bank kept its key interest rate at a 16-year high Thursday and signalled it would only start cuts next year, later than its US and European peers.Like other central banks around the world, Norges...

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CBO ready to implement partial cheque payment system

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Oman’s Islamic banking sector records substantial growth

Tahir al Amri, Executive President of the Central Bank of Oman

Banking sector credit climbs 3.8%

Credit extended to the private sector grew by 3.4 per cent, according to the CBO

OIA highlights support to State General Budget and debt reduction

Over the past year, OIA achieved a remarkable 24 per cent reduction in debt, amounting to RO 2.4 billion

Oman awaits Apple Pay launch in September

Personal loans climb 4.8 pc to RO 11.4 bn in Oman

The household sector continues to benefit from relatively affordable borrowing rates

Oman records fewer bounced cheques as e-payments gain popularity

Around 362,000 bad cheques were issued during 2023.

Regulatory framework for Buy Now Pay Later service under development: CBO

Revenues from the fintech industry in the Mena region are projected to reach $3.5 - 4.5 billion by 2025.

Islamic banking assets in Oman surge by 17.4 per cent

The combined total assets of Islamic banks and windows in Oman reached approximately RO 7.600 billion.

Total credit granted by banks in Oman reaches RO 31.1 bn

Total credit granted by banks in Oman reaches RO 31.1 bn

Draft regulatory framework on Open Banking unveiled in Oman

The Open Banking Technology Framework include strong data security measures, standardized APIs, consent management mechanisms, and authentication protocols: CBO

CBO issues treasury bills worth RO 13.600 million

CBO issues treasury bills worth RO 13.600 million

CBO urges public to replace old banknotes before year-end

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Oman Housing Bank approves 2,762 housing loans worth RO 120 million

The number of loans granted to citizens in these governorates reached 2,072, with a total value of RO 88.798 million.

Private bank deposits in Oman increase by 8.8%

Private bank deposits in Oman increase by 8.8%
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