Omans banking credit rises 12.7% till July
Cash data showed that credit and deposit growth in commercial banks in Oman recorded notable increases between July 2025 and July 2026. Private sector credit rose by 11.9% to reach 23.8 billion Omani rials, while bank investments in government securities increased by 20.4% to 2.5 billion rials. Private sector deposits also grew by 13.9%, reaching 19.3 billion rials. Additionally, government and public institution deposits saw significant increases, complemented by continued growth in private sector institutions, reflecting a positive trend in the Omani financial sector over the year.
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