Bank credit in Oman grows 4.8% to RO29.2bn in 2022
Oman’s banking sector recorded an year-on-year credit growth of 4.8 per cent last year but deposit growth sharply slowed to 1.1 per cent in 2022, the latest data from the Central Bank of Oman showed. Total outstanding credit extended by the banking sector (both conventional and Islamic banks) grew 4.8…
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