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Oman’s banking sector strengthens with 8% credit growth

Oman’s banking sector showed robust growth by May, with total credit rising 8 percent to 33.6 billion Omani rials ($87.36 billion) and deposits increasing 7.9 percent, reflecting strong private sector activity and confidence. Data from the Central Bank of Oman revealed that credit extended to the private sector grew by…

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Click here to read the full story: Arab News

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