Oman Central Bank Circular No. BM977/2004
Master Circular on Risk Classification and Provisioning
Type
Regulatory
Agency
Oman Central Bank
Issued on
25 Sept 2004 (corresponding to 11 Shaaban 1425 H)
Jurisdiction
Oman
Taxonomy
General Banking & Finance Law, Financial Services & Activities, Financial Institutions, Banks, Lending & Security
To: All Licensed Banks Operating in the Sultanate of Oman
After Compliments,
Sub: Master Circular on Risk Classification and Provisioning
Attached herewith please find a copy of the Regulation No. BM/REG/ 50/6/2004 of the Board of Governors of the Central Bank, published in the official Gazette No. 774 of September 1, 2004.
Pursuant to Article 14 of Regulation No. BM /REG/ 50/ 6/ 2004 dated September 1, 2004, the following consolidated and updated instructions are issued for strict compliance by the licensed banks.
Risk Classification