Mubasher: Total bank assets reached OMR 29.1 billion in September 2018, increasing by 4.3% compared to its level by the end of 2017.
Conventional bank assets also grew by 5.5% year-on-year, according to the bulletin issued by the Central Bank of Oman (CBO).
Total credit disbursement amounted to OMR 21.4 billion at the end of the third quarter of 2018 and constituted 73.3% of the total assets.
The private sector credit increased by 3.4% year-on-year to OMR 18.7 billion in September 2018, accounting for 87.8% of the total credit of conventional banks.
The ratio of total foreign assets to total assets worked out at 10.2% while foreign liabilities to total liabilities stood at 12.5% as at the end of September 2018.
