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First-quarter figures show increase in money supply at Oman’s banks
The increase was supported by a 6.9% quarter-on-quarter (q-o-q) rise in government deposits to commercial banks between January and March, as well as q-o-q expansion of 5.7% and 3% in public enterprise deposits and private sector deposits, respectively. In a June report, ratings agency Moody’s said that 34% of banking…
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