Oman:

 
Author/Editor: Ananthakrishnan Prasad ; Pierluigi Bologna
 
Publication Date: March 01, 2010
 
Electronic Access: Free Full text (PDF file size is 933KB).
Use the free Adobe Acrobat Reader to view this PDF file

 
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
 
Summary: This note assesses the impact of the global financial risks on Oman''s banking system and highlights the remaining risks. It concludes that the liquidity and prudential measures introduced by the authorities mitigated the adverse effects of the crisis on the banking system. Banks continue to make profits despite higher provisioning. Stress tests confirm the resilience of the banking system to credit and market risks. Banks have limited exposure to derivatives and the majority of the off-balance sheet exposures are conventional and relatively secure. Interest rate risks are within an acceptable range.
 
Series: Working Paper No. 10/61
Subject(s): Banking sector | Capital | Central bank policy | Corporate sector | Credit risk | Financial risk | Financial systems | Global Financial Crisis 2008-2009 | Liquidity management

Author's Keyword(s): Oman | Banking System | Risks | Stress Test | Gulf Cooperation Council Countries.
 
English
Publication Date: March 01, 2010
ISBN/ISSN: 9781451982060/1018-5941 Format: Paper
Stock No: WPIEA2010061 Pages: 32
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
Please address any questions about this title to publications@imf.org