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Wednesday, January 22, 2025 | Rajab 21, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Banking

Oman’s banking sector records robust growth in Q4 2024

MUSCAT, JAN 20Oman’s banking sector has once again demonstrated its resilience and adaptability, closing 2024 with a strong performance that underscores its pivotal role in the nation’s economic landscape....

The strong performance in 2024 sets a solid foundation for Omani banks to build upon in 2025.

A strong US dollar weighs on the world

Exactly how these positives and negatives shake out depends on why the dollar is stronger, and that depends on the reason US interests rates might remain high.

Boost to digital payments as banks launch Samsung Wallet

The banks to launch the Samsung Wallet are the National Bank of Oman (NBO), Sohar International, Bank Dhofar, and Ahli Bank.

NBO launches Samsung Wallet in Oman

Customers can authenticate each transaction using facial or fingerprint recognition, a PIN code, or a One-Time Password.

Weather-affected can avail options to defer loan payments

Central Bank of Oman

Oman pioneers in digital banking, says BankDhofar head of retail banking

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Omani banks see strong start in 2024

Commercial banks posted net profits aggregating RO 125 million in Q1 2024.

Oman banks show continued credit growth

Oman banks show continued credit growth

HSBC takes $1 bn hit from Argentina sale

Pedestrians walk past a closed HSBC branch in Buenos Aires, Argentina. — Reuters

CBO issues regulations for money services business

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CBO issues regulations for money services business

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Oman announces the launch of 70th issuance of Government Development Bonds

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Pact signed to revolutionise digital banking, Open API in Oman

Top officials of Oman Data Bank and Antom signing the MoU in Muscat.

Bank Muscat Oryx Fund distributes highest ever dividend of 72 baizas per unit to its investors for FY 2023

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Oman banks' total credit balance and investments increase

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Oman's Islamic finance industry poised for growth

Regulatory initiatives introduced by the CMA and CBO have played a crucial role in supporting the growth of the Islamic finance industry.
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