Banking

Muscat: National Bank of Oman’s board has recommended a cash dividend of 15 per cent and a stock dividend of 5 per cent. The stock dividend is equivalent...

Ankara: The Turkish central bank's main goal this year is to increase the effectiveness of its monetary policy and rein in double-digit inflation,...

Muscat: Bank Muscat, a leading financial services provider in the Sultanate, and Arabian Properties Company have signed a memorandum of understanding (MoU)...

Seoul: South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from January 30, regulators said on Tuesday in a widely telegraphed...

Muscat: Omani banks, including Islamic institutions, have achieved a year-on-year credit growth of 7.3 per cent at OMR23.5 billion by November-end of...

Muscat: Al Madina Takaful, Oman’s first Takaful insurance provider, announced the appointment of Usama Al Barwani as chief executive officer (CEO) of Al...

Seoul: South Korea's Financial Regulator Chief said the government is considering shutting down all local virtual currency exchanges in a National...

Muscat: Oman's central bank raised OMR62 million by way of treasury bills. The maturity period of the treasury bills is 91 days between January 17 and...

Dubai: Bank Sohar is raising a $300 million, three-year syndicated loan with a margin of 2 per cent a year over the London interbank offered rate (Libor),...

Muscat: National Bank of Oman (NBO) said that its net profit for 2017 stood at OMR44 million, down from OMR55.8 million posted in the previous year. The...