Banking

Washington: In a move that sent global banking shares into turmoil, US regulators on Friday shut down Silicon Valley Bank, as markets fretted over possible...

Islamabad : Pakistan has informed the International Monetary Fund (IMF) that Islamabad has requested China for rollover of USD 2 billion SAFE (State...

Karachi : The gap between the Pakistani rupee's value in the interbank and open markets is rising again, creating a black market where the dollar is...

Islamabad : Pakistan's external debt servicing rose by 70 per cent in the first two quarters of 2022-23, worsening the shortage of dollars, Dawn...

Muscat: HSBC Bank Oman SAOG has received approval from the Central Bank of Oman (CBO) for its proposed merger with Sohar International Bank SAOG. The...

Mumbai: State Bank of India (SBI) chairman Dinesh Khara on Friday said the bank's total exposure amounting to Rs 27,000 crore in Adani Group is 0.88 per...

Muscat: After the U.S. Fed’s recent announcement to raise its key policy rate, the Central Bank of Oman (CBO) increased its repo rate for local banks...

Muscat: Bank Muscat, the flagship financial services provider in the Sultanate, has proposed a 15 per cent dividend for the year 2022.The meeting of the...

Muscat: Oman Housing Bank has called on its customers who received a text message about subsidised loans to complete the procedures within one month of...

Muscat: The total foreign assets of the Central Bank of Oman (CBO) decreased by 12.8 per cent, reaching OMR6,221 million by the end of October 2022 compared...