Omani Rial(OMR)

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Moody's expects low oil prices to pressure GCC banks' liquidity and profits, but foresees resilience in ratings. I Agree with Scalping Policies. GCC Islamic banks more profitable than conventional peers for second year running in

Omani Rial(OMR) Exchange Rates Today

Also available are Oman Rial services like cheap money tranfers, a OMR currency data, and more. The Omani Rial is the currency of Oman. Our currency rankings show that the most popular Oman Rial exchange rate is the OMR to INR rate.

Outlook for GCC banks is stable reflecting their resiliency in slower economies. Changes outlook on Oman banking system to negative from stable amid weaker operating environment and government capacity for support. Update following downgrade to Baa3, outlook changed to negative. Moody's takes rating action on six Omani banks and one finance company.

Funding pressure to ease for GCC banks in on oil price stabilisation, international sovereign debt issuance. GCC Islamic banks more profitable than conventional peers for second year running in Omani banks face profitability pressures from slower economy and Islamic finance penetration.

Moody's revises outlook on Oman's banking system to stable from negative. Moody's downgrades the deposit rating of National Bank of Oman Limited, assigns stable outlook. Moody's places the ratings of United Arab Bank under review for downgrade; extends the review for downgrade on National Bank of Oman's ratings. Moody's takes rating actions on five Omani banks and one finance company, leaves banks' ratings on review for further downgrade.

Extended low oil price environment to challenge GCC banks' resilience. Moody's changes outlook to negative on Alternatifbank; action follows negative outlook on Alternatifbank's parent Commercial Bank. Moody's changes the outlook on Oman's banking system to negative. Moody's assigns Counterparty Risk Assessments to five Omani banks. Moody's reviews global bank ratings.

Moody's expects low oil prices to pressure GCC banks' liquidity and profits, but foresees resilience in ratings. Moody's changes outlook to negative on 5 Omani banks' deposit ratings. Tight regulation and rising competition put pressure on Oman's mid-sized banks.

Moody's says Oman's banking system outlook remains stable. Solid growth prospects of Islamic banking in Oman to be moderated by industry challenges. Oman's banking system outlook remains stable. Outlook for Oman's banking system remains stable Arabic translation. Outlook for Oman's banking system remains stable. Continued Stable outlook for the Omani banking system Arabic translation.

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