Total credit issued by companies reaches 37.4 billion Omani riyals as of May 2026
As of the end of May 2026, the total credit facilities granted by deposit-taking companies in the Omani banking sector reached 37.4 billion Omani rials, representing an 11.5% increase compared to the previous period. Additionally, credit granted to the private sector grew by 8.7% to reach 30.3 billion Omani rials, with non-financial corporate sector accounting for 48.1% of the share, followed by the individual sector at 43.4%. In the same context, the total deposits within the banking sector increased by 13.1% to 36.5 billion rials, with individuals holding 49.5% of the deposit base and non-financial corporate sector accounting for 33.4%.
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