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2.5pc growth in banking credit to private sector: CBO


2.5pc growth in banking credit to private sector: CBO
CBO
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Muscat: The total outstanding credit extended by other depository corporations (ODCs) in the Sultanate – comprising conventional and Islamic banks grew by 2.5 per cent RO 25.9 billion at the end of February2020, the Central Bank of Oman (CBO) announced in its newly public review of banking and monetary developments for February 2020.
Credit to the private sector rose by 2.5 per cent to RO 22.9 billion, it stated. Of the total credit to the private sector, the non-financial corporate sector and the household sector (mainly under personal loans) received shares of 45.5 per cent and 45.1 per cent, respectively, while the financial corporations received 5.4 per cent and other sectors the remaining 4.0 per cent. ....

Investment In Government Development Bonds , Central Bank , Government Development Bonds , Government Sukuk , Government Treasury Bills , 2 5pc , முதலீடு இல் அரசு வளர்ச்சி பத்திரங்கள் , மைய வங்கி , அரசு வளர்ச்சி பத்திரங்கள் , அரசு கருவூலம் பில்கள் ,

Banking sector credit in Oman rises to RO 27.2 billion: CBO


Banking sector credit in Oman rises to RO 27.2 billion: CBO
Published: 10:03 PM, May 12, 2021
7-Banking-sector-credit-climbs-to-RO-27.2-billion -CBO
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Rising trend: Islamic banking entities provided financing of RO 4.5 billion at the end of March 2021, recording a growth of 11.0 per cent over that a year ago
BUSINESS REPORTER
MUSCAT, MAY 12
Data issued by the Central Bank of Oman (CBO) has indicated that the total deposits held with conventional and Islamic banks (also known as other depository corporations or ODCs) registered a Y-o-Y growth of 2.5 per cent to reach RO 24.7 billion at the end of March 2021. Total private sector deposits increased by 7.3 per cent to RO 17.1 billion. ....

National Centre For Statistics , Investment In Government Development Bonds , Central Bank , National Centre , Consumer Price Index , Government Development Bonds , தேசிய மையம் க்கு புள்ளிவிவரங்கள் , முதலீடு இல் அரசு வளர்ச்சி பத்திரங்கள் , மைய வங்கி , தேசிய மையம் , நுகர்வோர் ப்ரைஸ் குறியீட்டு , அரசு வளர்ச்சி பத்திரங்கள் ,

Total deposits in Oman's banking sector grow 2.9% to OMR24.3bn


By: Times News Service
Muscat: Data issued by the Central Bank of Oman (CBO) indicated that the total deposits held with ODCs (other depository corporations) reached OMR24.3 billion at the end of December 2020, increasing by 2.9 per cent from December 2019. Meanwhile, total private sector deposits increased by 10.5 per cent to OMR16.8 billion.
As per the preliminary data released by National Centre for Statistics and Information (NCSI), Oman’s nominal GDP showed a decline of  16.5 per cent during the third quarter of 2020 over the same period of the year 2019. The contraction was driven by a 24.4 per cent decline in the hydrocarbon sector coupled with the decline in the non-hydrocarbon sector by 12.4 per cent during the third quarter of 2020. ....

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