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The Laws And Regulations Governing Banking In Oman - Finance and Banking

The following Q&A, originally published for Lexis Middle East, answers important questions regarding the laws and regulations governing Banking in Oman. ....

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Oman banking sector credit climbs 3.8% during H1 2021

Oman banking sector credit climbs 3.8% during H1 2021
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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Banking sector credit climbs 3.8% during H1 2021

Banking sector credit climbs 3.8% during H1 2021
omanobserver.om - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omanobserver.om Daily Mail and Mail on Sunday newspapers.

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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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Deposits held by banks in Oman grow to OMR24 billion

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