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BRIEF-Moody's changes outlook on Oman banking system to negative from stable
September 4, 2017 / 11:41 PM / 2 months ago

BRIEF-Moody's changes outlook on Oman banking system to negative from stable

Sept 4 (Reuters) - Moody‘s-

* Moody‘s: changes outlook on oman banking system to negative from stable amid weaker operating environment and government capacity for support

* Expect softening in Oman’s operating environment, with fiscal consolidation amid prolonged oil price weakness weighing on economic growth

* Moody's on Oman banking says slower economic growth will drive a marginal weakening in problem loans to around 3.0% of gross loans in 2017-18 Source text : bit.ly/2wCG0JM

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