Financial Results
Retail Banking
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Bank credit in Oman grows 4.3% to $78bln in 2023
Oman’s banking sector recorded a modest credit growth of 4.3% last year but deposits sharply jumped by more than 12% year-on-year in 2023, the latest data from the Central Bank of Oman showed. Total outstanding credit extended by the banking sector (both conventional and Islamic banks) grew 4.3% to RO30.4bn…
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