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The Central Bank of Oman

The Central Bank of Oman latest

Oman: Central Bank Asks to Defer Loan Repayments for 3 Months
April 23rd, 2020 - 06:00 GMT

Oman: Central Bank Asks to Defer Loan Repayments for 3 Months

The Central Bank of Oman (CBO) has called on banks and financial institutions to allow deferring monthly repayments of loans for a three-month period in light of the COVID-19 pandemic. The bank said the decision includes repayment of loan installments provided by conventional personal and housing banks, financing provided by Islamic banks and Islamic outlets for all types of personal and home financing. According to CBO, the decision shall commence ...
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