Muscat: According to data released by the Central Bank of Oman, the total credit balance granted by the banking sector rose by 8.8 per cent to reach approximately RO 35 billion at the end of November 2025. Credit extended to the private sector also registered healthy growth of 6.9 per cent, reaching RO 28.7 billion during the same period.
The data showed that credit distribution remained largely concentrated in key segments of the economy. The non-financial corporate sector accounted for the largest share at 47.2 per cent, followed closely by the individuals sector at 44.3 per cent. The financial corporate sector received 5.7 per cent of total credit, while the remaining 2.8 per cent was allocated to other sectors.
On the liabilities side, total deposits held within the banking sector increased by 7.2 per cent to reach RO 33.8 billion by the end of November 2025. Private sector deposits recorded even stronger growth, rising by 9.9 per cent to stand at RO 22.8 billion.
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A breakdown of private sector deposits revealed that the personal sector continued to dominate, accounting for 49.6 per cent of the total. This was followed by the non-financial corporate sector with a 31 per cent share and the financial corporate sector at 17.3 per cent, while other sectors collectively accounted for the remaining 2.1 per cent.
