Commercial banks’ deposits rise 8% in September

Mubasher: Private deposits in Oman’s commercial banks rose by 7.98% to OMR 11.57 billion at the end of September 2015, compared to OMR 10.72 billion in the corresponding period last year, according to the Central Bank of Oman’s (CBO) monthly statistical bulletin.

The gross value for private deposits included the time deposits that stood at OMR 3.18 billion, savings deposits (OMR 4.27 billion) and demand deposits (OMR 3.85 billion), the report added.

The total value for these deposits include OMR 10.71 billion in local currency and OMR 863.3 million in foreign currencies.

The ratio of foreign currency deposits to the total deposits was 13.1%. The ratio of banks’ foreign assets to the total loans was 14%, while the ratio of foreign assets to the total assets stood at 9.8%.  

 

Mubasher Contribution Time: 29-Nov-2015 08:31 (GMT)