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Oman bank loans exceed deposits as ratio reaches 102.9%
Loans extended by Oman’s commercial banks exceeded their deposit base at the end of June, with the loan-to-deposit ratio reaching 102.9 percent, according to official data. Private sector deposits rose 12.45 percent year on year to 19.37 billion Omani rials ($50.4 billion), Oman News Agency, known as ONA, reported, citing…
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Click here to read the full story: Arab News