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Oman's mid-sized banks face more pain as competition bites

Oman’s mid-sized banking as financial institutions can expect more pain in the short term as they grapple with declining margins amid increased competition and more regulation, according to the latest Moody’s report. However, the credit ratings agency said rising loan volumes should offset the strain on profits, Muscat Daily reported….

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Click here to read the full story: Arabian Business.com

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