According to the Central Bank of Oman the minimum paid up capital requirement is for local banks is RO 100 million and assigned capital requirement for foreign banks in Oman is RO 20 million. Select one: O a. Local banks RO 200 million; foreign banks RO 20 million. O b. local banks RO 100 million; foreign banks RO 50 million. O c. Local banks RO 20 million, foreign banks RO 100 million. O d. Local banks RO 100 million; foreign banks RO 20 million.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter7: International Arbitrage And Interest Rate Parity
Section: Chapter Questions
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According to the Central Bank of Oman the minimum paid up capital
requirement is for local banks is RO 100 million and assigned capital
requirement for foreign banks in Oman is RO 20 million.
Select one:
O a. Local banks RO 200 million; foreign banks RO 20 million.
O b. local banks RO 100 million; foreign banks RO 50 million.
O c. Local banks RO 20 million; foreign banks RO 100 million.
O d. Local banks RO 100 million; foreign banks RO 20 million.
Transcribed Image Text:According to the Central Bank of Oman the minimum paid up capital requirement is for local banks is RO 100 million and assigned capital requirement for foreign banks in Oman is RO 20 million. Select one: O a. Local banks RO 200 million; foreign banks RO 20 million. O b. local banks RO 100 million; foreign banks RO 50 million. O c. Local banks RO 20 million; foreign banks RO 100 million. O d. Local banks RO 100 million; foreign banks RO 20 million.
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