MUSCAT – Preliminary data released by the National Centre for Statistics and Information (NCSI) showed significant growth in liquidity and lending indicators by the end of May 2025. Domestic liquidity (M2) grew by 6.9 percent to reach RO 25.376 billion by the end of May 2025, compared to RO 23.730 billion in the same period in 2024.
In contrast, issued currency recorded a slight decline of 0.8 percent, reaching RO 1.614 billion by the end of May 2025, compared to RO 1.626 billion during the same period in 2024. Narrow money supply (M1) rose by 13.9 percent, recording RO 7.148 billion, compared to Ro 6.275 billion at the end of May of last year.
Total loans and financing granted by commercial banks and Islamic windows amounted to RO 33.562 billion, an increase of 8 percent compared to the end of May 2024, which amounted to RO 31.82 billion.
Private sector deposits also increased by 7.4 percent to reach RO 21.911 billion, compared to RO 20.339 billion in May 2024.
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The average interest rate on total loans decreased by 1.2 percent, reaching 5.551 percent compared to 5.621 percent, while net foreign assets recorded a slight increase of 0.5 percent, reaching RO 7.410 billion by the end of May 2025, compared to RO 7.372 billion by the end of May 2024.
