Saturday 18 / October / 2025
Muscat: The total credit granted by conventional commercial banks in the Sultanate of Oman increased by 7.3 percent by the end of August 2025, while credit granted to the private sector rose by 4.5 percent to reach OMR21.4 billion.
Statistics issued by the Central Bank of Oman (CBO) indicate that the total investments of conventional commercial banks in securities decreased by 3.2 percent to approximately OMR6.1 billion by the end of August 2025.
While these banks' investments in government development bonds (GDBs) rose by 12 percent compared to the same period last year, reaching OMR2.2 billion, their investments in foreign securities declined by 7 percent, reaching OMR2.3 billion by the end of last August.
On the liabilities side, total deposits at conventional commercial banks increased by 5.5 percent to reach OMR 26.1 billion by the end of August 2025.
Within total deposits, government deposits with commercial banks rose by 9.6 percent to approximately OMR5.9 billion, while deposits with public sector institutions decreased by 7.8 percent to approximately OMR1.7 billion.
Private sector deposits in these banks increased by 6.1 percent to reach OMR 17.5 billion by the end of August 2025, representing 67 percent of total deposits in conventional commercial banks.
Assets of Islamic banks and windows
Meanwhile, the total assets of Islamic banks and windows combined amounted to approximately OMR9.1 billion, representing 19.7 percent of the total assets of the banking sector in the Sultanate of Oman, by the end of August 2025, registering a 15.1 percent increase compared to the same period last year.
Statistics issued by the Central Bank of Oman indicate that the total financing balance granted by units engaged in this activity increased by 13.5 percent by the end of last August, reaching approximately OMR7.3 billion.
Deposits at Islamic banks and windows also increased by 12.9 percent, reaching approximately OMR7.2 billion by the end of August 2025.
