MUSCAT : Credit extended to the private sector alone grew by 6.4 percent, standing at RO 27.9 billion during the same period. Sectoral distribution revealed that the non-financial corporate sector held the largest share of credit at 46.6 percent, followed closely by the individual sector with 44.8 percent. The financial corporate sector accounted for 5.7 percent, while other sectors made up the remaining 2.9 percent.

Alongside credit growth, the CBO reported a robust rise in deposits. Total deposits in the banking sector climbed 6.1 percent, reaching RO 32.9 billion by the end of July 2025. Private sector deposits also showed steady momentum, increasing by 5.8 percent to RO 21.9 billion.

Breaking down private sector deposits, the individual sector dominated with 51.0 percent, followed by the non-financial corporate sector at 29.4 percent and the financial corporate sector at 17.6 percent. The remaining 2.3 percent was distributed across other sectors.

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