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FINANCIAL NEWS
Oman to apply GCC RTGS system
18 Jul 2016
(MENAFN) Oman is in talks for the implementation of GCC Real Time Gross Settlement (RTGS) system.
Accordingly, the project reached the stage of floating the request for proposals for identifying the vendor to apply the project.
The purpose of the system is to process high value payments in low volume transactions, which grows transparency, efficiency and safety.
Among 2015, as many as 502.501 transactions went through the system, recording an increase of 7.68 percent compared to 2014.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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