MUSCAT — Credit extended by commercial banks in Oman rose 8.5% by the end of November 2025, reflecting continued growth in lending to the economy, state-run Oman News Agency reported.
The increase was driven largely by higher lending to the private sector, where credit expanded 5.8% to reach about RO 21.9 billion, according to official data.
The rise in bank credit comes amid stable economic conditions and ongoing efforts to support private sector activity as part of Oman’s broader diversification strategy.
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Separately, commercial banks’ investments in conventional securities also recorded growth, rising 7.4% to about RO 6.4 billion by the end of November, the data showed.
