We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
Royal Decree 64/83 Establishing the College of Banking and Financial Studies,
and the Banking Law promulgated by Royal Decree 2/2025,
and in pursuance of public interest,
have decreed as follows
Article I
The name of the “Board of Directors of the College of Banking and Financial Studies” is hereby amended to the “Board of Trustees of the College of Banking and Financial Studies” wherever it appears in the aforementioned Royal Decree 64/83.
Article II
The text of article IV of the aforementioned Royal Decree 64/83 is hereby replaced with the following text:
The Board of Trustees of the College of Banking and Financial Studies must be established by a decision by the Chairman of the Board of Directors of the Central Bank of Oman after the approval of the board, and it must be formed of an odd number of no less than 5 (five) members including the chairman of the board of trustees, his deputy, and two members representing the banking sector.
Article III
All that is contrary to this decree, or in conflict with its provisions, is hereby repealed.
Article IV
This decree must be published in the Official Gazette, and comes into force on the day following the date of its publication.
Issued on: 1 Rajab 1446
Corresponding to: 1 January 2025
Haitham bin Tarik
Sultan of Oman
Published in Official Gazette 1578 issued on 5 January 2025.