MUSCAT : According to the latest analysis, the total credit balance granted by conventional commercial banks grew by 7.2%, with private sector credit alone rising 4.8% to reach RO 21.5 billion by the end of June 2025.
On the investment side, banks’ total securities holdings increased by 1.3%, amounting to nearly RO 5.7 billion. Within this category, investments in government development bonds jumped 5.1% to reach RO 2 billion, while investments in foreign securities dropped by 6%, standing at RO 2.1 billion.
On the liabilities side, deposits across conventional commercial banks climbed 4.7%, reaching RO 25.8 billion. Government deposits surged 9.9% to approximately RO 5.9 billion, while public sector deposits declined 7.3% to RO 1.7 billion. Private sector deposits rose 4%, totaling RO 17.1 billion, which represents 66.4% of all deposits.
Read More
- Gold prices edge higher as markets await US Federal Reserve decision
- Bank Muscat showcases its banking solutions at “Happy City Journey” as part of Urban October 2026
- Oman’s Phaze Ventures launches two funds targeting over $75 million for AI and deep tech
- Italy celebrates World Pasta Day 2026 in Muscat with B2B event promoting Italian Pasta and Agri-Food Excellence
- Oman oil price rises 10 cents
For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.
