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Islamic Finance Briefing - Categorized | Banking, Performance more

Oman banks to remain stable over next year, Moody’s says

Posted on 09 September 2011

Banks in Oman are expected to remain stable over the next twelve to eighteen months, with higher revenues and moderate credit growth, ratings agency Moodys said in a report Thursday.
Lenders will benefit from an improved business environment, stable funding bases and high liquidity buffers, not to mention fewer non-performing loans, analysts from the firm said……………………………………….Full Article: Source

 
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