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Oman banks may need more provisions on Saudi
- Oman: Tuesday, September 29 - 2009 at 10:57
Banks in Oman may need to take additional provisions on bad debt due to exposure to troubled Saudi conglomerates, the Sultanate's central bank governor has said. 'It depends on how things progress. At the moment they have taken enough provisions but you can never say,' Hamood Sangour al-Zadjali told Reuters.
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StaffTuesday, September 29 - 2009 at 10:57 UAE local time (GMT+4)
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