Oman Central Bank Circular No. BM894/2000
Loans to Central Bank Employees
Type
Regulatory
Agency
Oman Central Bank
Issued on
13 Aug 2000 (corresponding to 13 Jumada Al-Awwal 1421 H)
Jurisdiction
Oman
Taxonomy
Financial Institutions, Banks, General Commercial Law, General Employment & Labour Law, Lending & Security
To: All Commercial Banks
Subject: Loans to Central Bank Employees
This is to draw the attention of all the Banks operating in the Sultanate of Oman to the above subject. Please be advised that the Central Bank employees applying for loan facilities from the banks shall not be given any preferential treatment and they may be treated in the same way as any other clients. In case of recovery of outstanding dues, the Banks shall follow and implement the same procedure as applicable to other clients, in accordance with the rules and procedures of the Sultanate.
Best regards,
Hamood Sangour Al-Zadjali
The Executive President