• Oman

    • Oman Banks Record Growth in Credit and Deposits

    By on January 17, 2026
    oman credit
    oman credit

    Commercial Bank Credit in Oman Rises 8.5 Percent by End of November 2025

    Muscat:  The total credit balance granted by conventional commercial banks in the Sultanate of Oman recorded an increase of 8.5 percent by the end of November 2025, while credit extended to the private sector rose by 5.8 percent to reach RO 21.9 billion.

    With regard to investments, the total investments of conventional commercial banks in securities increased by 7.4 percent, reaching approximately RO 6.4 billion by the end of November 2025.

    Within this category, investments in government development bonds rose by 9.5 percent compared to the same period last year, reaching RO 2.2 billion. Meanwhile, banks’ investments in foreign securities declined by 4.4 percent to RO 2.3 billion by the end of November 2025.

    On the liabilities side of the balance sheet, total deposits with conventional commercial banks increased by 6.3 percent, reaching RO 26.4 billion by the end of November 2025.

    Government deposits with commercial banks recorded a 7.6 percent increase, amounting to approximately RO 5.8 billion, while deposits of public sector institutions declined by 25.6 percent to about RO 1.9 billion during the same period.

    Private sector deposits rose by 9.5 percent to reach RO 17.8 billion in November 2025, accounting for 67.2 percent of total deposits with conventional commercial banks.

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