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Oman News

Lending at Oman banks grows 3.9%

The total loans and financing of commercial banks increases to more than OMR 27 billion.

TAS News Service

info@thearabianstories.com

Saturday, April 9, 2022

MUSCAT: Loans and finance facilities issued by commercial banks in Oman has increases to more than OMR 27 billion compared to OMR 26 billion during the same period in 2021.

In a data issued by the National Centre for Statistics and Information said: “The total loans and financing of commercial banks in Oman increased by 3.9% at the end of last January to reach OMR 27.951800 billion, compared to OMR 26,890,200 billion during the same period in 2021, and the average interest rate on total loans increased by 0.1 per cent.”

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