CBO Board of Directors Holds Third Meeting for 2025

CBO
Board of Directors Holds Third Meeting for 2025

Muscat,
27 Sep 2026 (ONA) — The Board of Directors of the Central Bank of Oman (CBO)
held its third meeting for 2026 today, at the Bank’s headquarters in Muscat
Governorate.

The
Board adopted the Policy on the Classification and Licensing of Banks and
Representative Offices of Foreign Banks in the Sultanate of Oman, aimed at
further strengthening the regulatory framework of the banking sector and
governing classification and licensing procedures in line with the applicable
requirements and standards. It also adopted the Emergency Policy and Framework,
including the related measures and procedures.

The
Board approved the issuance of commemorative coins to mark Omani Women’s Day,
human civilizations, and a number of prominent Omani figures.

The
Board also approved the financial position of the Central Bank of Oman for the
second quarter of 2026 and the budget of the College of Banking and Financial
Studies for the 2026/2027 academic year.

The
Board reviewed a report on the key matters discussed during its previous
meetings and the actions taken thereon, in addition to a number of reports,
minutes of meetings and other items on the agenda, and took the appropriate
decisions thereon.

—Ends/AG