Oman Central Bank Circular No. BM868/1999

Oman Regulation No. BM/REG/46/2/1999 Appointment of Directors of Licensed Banks

To: All Licensed Banks & Financing Companies Incorporated in the Sultanate of Oman

Subject: Oman Regulation No. BM/REG/46/2/1999 Appointment of Directors of Licensed Banks

After Compliments,

Attached please find a copy of the Oman Regulation No. BM/REG/46/2/1999 of the Board of Governors of the Central Bank of Oman, published in the official gazette No. 646 dated May 01, 1999.

Ali licensed banks and licensed financing companies incorporated in the Sultanate of Oman are required to adhere to the provisions of the said regulation.

Oman Regulation No. BM/REG/46/2/1999 - Appointment of Directors of Licensed Banks

Pursuant to Article 2-1.09(n), 4-2.02 and 4-6.03 of Oman Law No. 7/1974, the Banking Law and in accordance with Oman Decision No. BOG/1221/104/12/1998/15 of the Board of Governors of the Central Bank of Oman, adopted at its meeting held on 16 December 1998, it has been decided as follows:

Article 1