• Oman

    • In picture: Central Bank of Oman between past and present

    By on October 1, 2024

    In Pictures, Central Bank of Oman Then and Now

    Muscat: The Central Bank of Oman between the past and the present, was established in 1974 and has been developing since its establishment and commencement of work as in the first picture on April 1, 1975, then witnessed a qualitative leap during the years of the first renaissance and the renewed renaissance as in the second picture, as a result of the monetary development in the Sultanate of Oman throughout its fifty years of life.

    It is the body responsible for maintaining financial stability and the regulatory body that regulates the activities of the banking system.

    The bank’s foreign assets amounted to about 6.77 billion Omani riyals at the end of last July.

     

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