CBO Board of Directors Convenes its
Fourth Meeting for 2025

Muscat, 22 Jun (ONA) — The Board
of Directors of the Central Bank of Oman (CBO) convened its fourth meeting for
this year (2025) at CBO Headquarters today.

At the meeting, the Board approved
CBO’s Strategy for the years (2026-2030) and the draft Close Out Netting Law,
in addition to approving the appointment of an external auditor for CBO and
Oman Credit and Financial Information Center (Mala’a) for the upcoming three
years (2025-2027).

The Board also discussed the current
global and regional affairs, affirming its continuous follow-up and assessment
of any potential impacts on the Sultanate of Oman.

Moreover, the Board reviewed a host
of issues, including the financial soundness indicators of banks for the period
ending on 31 December 2024, CBO’s Financial Position Report, the position of
reserves and the performance of CBO’s foreign investments, the 2025 quarterly
report of Oman Credit and Financial Information Center (Mala’a) and the
semi-annual report on the project for enhancing CBO’s monetary policy adequacy.
The Board also discussed the report on liquidity status in the banking sector
for Q1, 2025.

The Board reviewed a number of
topics listed on the agenda, on which it made the appropriate decisions.

— Ends/Khalid