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Omani central bank announces new reserve buffers, may force capital increases
Jan 6 The Central Bank of Oman has published rules for countercyclical buffers, a move aimed at protecting against the consequences of booms in lending, but which could force Omani lenders to raise more capital in future. In a circular dated Dec. 30, the Omani regulator said minimum capital requirements…
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Click here to read the full story: Reuters