MUSCAT : According to the latest financial indicators, the total credit balance extended by conventional commercial banks rose by 7.3 percent by the end of September 2025. Credit to the private sector also showed healthy expansion, growing by 4.2 percent to reach RO 21.5 billion, reflecting continued demand for financing among businesses and individuals.
On the investment front, commercial banks recorded a significant rise in their securities portfolios. Total investments in securities jumped by 15.4 percent, reaching RO 6.5 billion. Within this category, investments in Government Development Bonds increased by 5.7 percent to approximately RO 2 billion, while foreign securities holdings surged by 21.6 percent to RO 2.6 billion, highlighting banks’ growing appetite for diversified assets.
The liabilities side of the sector also strengthened. Total deposits with conventional commercial banks grew by 3.2 percent, amounting to RO 25.8 billion by the end of September 2025. Government deposits saw a robust increase of 8.9 percent, reaching RO 5.9 billion. In contrast, deposits from public sector institutions fell sharply by 29.3 percent, settling at around RO 1.7 billion.
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Private sector deposits continued to dominate the banking system, rising by 6.9 percent to RO 17.3 billion and making up 67.2 percent of all deposits with conventional commercial banks.
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