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Omani banking sector credit surges 7.4% in February

Omani banking sector credit surges 7.4% in February

article author: Reem WalidAuthor: Sun, 2025-05-18 15:34RIYADH: The total credit extended by Oman’s banking sector surged by 7.4 percent year on year to reach 32.9 billion Omani rials ($85.46 billion) by the end of February, new figures showed. Released by the Central Bank of Oman, the data indicated that credit extended to the private sector rose by 6.1 percent annually to 27.3 billion rials during the same period. Main category: Business & EconomyFinanceTags: Omanbanking

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