Latest articles from Oman

Double whammy hits Omani banks’ ROE

September 27, 2021

The National Bank of Oman saw return on equity fall to 3.4% last year from 9.3% in 2019.

Screenshot 2021-09-27 at 12.10.20

Oman’s banks well placed to manage political transition

January 14, 2020

After five decades of relative stability, Oman has a new sultan, posing interesting questions about the country’s future direction.


Top 100 Arab Banks 2015: another strong year

October 1, 2015

Banks across the Arab world continue to perform well despite the turbulent political environment, according to The Banker’s Top 100 Arab banks ranking. 

Hamood Sangour Al Zadjali

Oman CBG looks beyond oil worries

March 2, 2015

Despite facing budgetary pressures and a falling oil price, Hamood Sangour Al Zadjali, Oman's central bank governor, is optimistic over the country's future, describing to James King how directives to encourage SME lending and bring about a harmonious Islamic banking sector will bring huge benefits.

Strong and steady

Strong and steady: Oman's quiet path to banking success

March 1, 2015

Unlike some of its more illustrious neighbours, Oman's banking sector was barely affected by the global financial crisis, thanks in no small part to its domestic focus and cautious central bank. However, while the short-term prospects are strong, a plummeting oil price and increasing competition at home pose longer term challenges.

The Middle Easts movers and shakers in 2013

The Middle East's biggest movers and shakers in 2013

January 2, 2014

A profile of the appointments who made an impact in banking and finance in the Middle East in 2013.

Banks to watch in 2013, Bank Nizwa

February 1, 2013

The Banker has identified 13 banks to keep an eye on in the coming year based on a variety of factors. Established in 2013, following a directive authorising Islamic institutions in Oman, Bank Nizwa is the country's first standalone Islamic bank and one to watch in 2013.

Oman hopes to open Islamic finance floodgates

Oman hopes to open Islamic finance floodgates

January 28, 2013

Oman's late introduction to Islamic finance will work in the favour of the country's bank, as they can learn from the examples of others, says HE Hamood Sangour Al-Zadjali, governor of the country's central bank.

A mixed year for GCC banks

September 2, 2009

The Gulf Co-operation Council countries have suffered as a result of the global economic downturn. Bank profits are down and there have even been some bank failures. But there is also plenty to be upbeat about, with some regions bucking the downward trend. Writer Michael Imeson

The Sultanate awakes

September 1, 2008

Often overlooked by investors attracted to flashier plays, Oman has excellent prospects ­for those willing to make the effort. Writer Jon Marks.

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