
Muscat: The Board of Directors of the Central Bank of Oman (CBO) held on Monday its second meeting of 2026 at the bank’s headquarters in Muscat.
The Board approved the general strategy of Oman Credit and Financial Information Centre. It also approved the Islamic banking policy regarding the conversion of Islamic windows at conventional banks into independent Islamic banks, in a manner that enhances the efficiency of the Islamic banking sector and supports its growth and sustainability.
Furthermore, the Board approved the licensing policy for investment banks and private banks in the Sultanate of Oman, a step aimed at diversifying financial services, enhancing the depth of the financial sector, and expanding financing and investment options to support economic growth.
The Board also approved the participation of the Central Bank of Oman in the official programme for commemorative coin issues for collectors — Olympics 2028, representing the continent of Asia.
The Board reviewed a number of reports and briefing notes related to the operations of the Central Bank of Oman and the financial sector, in addition to reviewing and taking decisions on several topics listed on the agenda.