Bank Deposit Insurance Scheme Seminar at MCBS

MCBS hosted a seminar on the Bank Deposits Insurance Scheme (BDIS) that was organized by the Business and Economics Department on Tuesday, November 27th, 2018.

Dr. Nikola Stakic, Deputy Head of Finance, Accounting and Economics Programs and Mr. Ali Al Asmi, Chief Accountant of Central Bank of Oman facilitated the seminar and introduced the students, the current and future participants in domestic financial system, to the deposit insurance mechanism, which is one of the key tools in maintaining financial stability and enhancing the confidence and overall integrity of banking systems in Oman. Students were familiarized with current practices of protection of public savings in Oman, which will benefit them in their future financial decisions and provide them and their country necessary economic progress.