Oman’s banks have “a lot of liquidity” that should be used for different sectors in the country, central bank Governor Hamud Al-Zadjali said.
“Banks are ready to finance feasible projects,” al- Zadjali said in a statement on the Economy Ministry’s Web site today. “If a feasibility study for any project is confirmed, I don’t think the banks will turn down funding the project because banks need borrowers and investors to invest the surplus they have at the present time.”END
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