Banking

Muscat: A review of the activities of conventional banks indicates an annual growth in total outstanding credit disbursement of 5.6 per cent at the end of...

Riyadh: Saudi Arabia's banks are preparing for muted lending growth this year, providing a reality check on the state of the country's economy and...

Muscat: Bank Nizwa organised a gala dinner in Sohar to introduce its growing corporate clientele base to its innovative Sharia-compliant wholesale banking...

Sydney: Commonwealth Bank of Australia (CBA), the country's top lender, confirmed on Thursday it lost records of almost 20 million accounts and decided...

Muscat: Oman’s central bank raised OMR52 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days,...

Muscat: BankDhofar has announced that it is to join Ripple’s global enterprise blockchain network, RippleNet, the first bank in Oman to do so. Ripple’s...

Sydney: Australia's four major banks could suffer a ratings downgrade in the event of a severe housing market downturn with second-order economic...

Muscat: The banking sector in the Sultanate continued to witness reasonable growth and supported the economic diversification initiatives including credit...

Muscat: Bank Muscat, flagship financial services provider in the Sultanate, and MetLife, one of the world’s leading financial services companies, signed a...

Caracas: Venezuela's hyperinflation has turned the struggling Opec nation's once-powerful banks into warehouses of useless cash that are worth a...