The outlook for
These supportive factors will continue to offset potential shocks from an unexpected drop in oil prices and risks stemming from high borrower concentrations, opacity surrounding local conglomerates and real-estate sector exposures.
While Moody's expects that structural challenges related to high single-party borrower concentration levels, real-estate exposures and limited transparency surrounding local conglomerates will continue to leave banks susceptible to event risks, it also acknowledges that the banks possess sizable cushions to protect against unexpected losses.
Moody's says that the Omani banks will maintain sound capital buffers over the next 12-18 months, as internal capital generation will largely match asset growth of 10 per
The Omani banking system will remain primarily deposit-funded and liquid over the outlook period. Customer deposits amounted to 71 per cent of assets in
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