Central Bank of Oman raises loan age limit to 70 years

Central Bank of Oman raises loan age limit to 70 years

The Board of Governors of the Central Bank of Oman convened for its inaugural meeting of the year, unveiling a significant policy shift to raise the loan age limit.

The post Central Bank of Oman raises loan age limit to 70 years appeared first on The Arabian Stories News.Muscat: The Board of Governors of the Central Bank of Oman convened for its inaugural meeting of the year, announcing a pivotal decision to enhance access to banking services.

Previously capped at 60 years, the maximum age limit for individuals seeking loans has now been extended to 70 years. This announcement comes as part of the Board of Governors’ commitment to modernize the banking sector and align services with the population’s evolving needs.

The post Central Bank of Oman raises loan age limit to 70 years appeared first on The Arabian Stories News. Central Bank of Oman raises loan age limit to 70 years