Oman Central Bank updates foreign bank rules
The Board of Directors of the Central Bank of Oman approved a policy for classifying and licensing foreign banks and representative offices in the Sultanate of Oman, aimed at enhancing the regulatory framework and organizing the classification and licensing procedures in accordance with approved standards. They also approved the issuance of commemorative coins in celebration of Omani Women's Day, human civilizations, and Omani personalities. Additionally, the Board approved the financial report for the second quarter of 2026, as well as the budget for banking and financial studies for the academic year 2026/2027.
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