Friday 19 April 2024
 
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financial stability

Oman sets up financial stability panel

Oman's government and regulators have set up a "financial stability committee" to monitor and manage risks in the banking and capital markets, the finance ministry said. The creation of the committee follows a sugges

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Financial integrity crucial, says CBB chief

Confidence and integrity are the foundation of a stable financial system, said Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj while speaking at the first meeting of the Chartered Institute for Securities and Investment (CISI) in Manama.

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Global banks under pressure as $5trn debts loom

Banks around the world must refinance more than $5 trillion of debts in the coming three years, a massive rollover that poses threats to financial stability and growth, said experts. The need to replace these debts, which are medium and lo

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