Mubasher: Total deposits at commercial banks in Oman rose by the end of October 2016 by 0.9% to OMR 18.3 billion from OMR 18.2 by the end of October 2015, according to the monthly statistical bulletin release by the Central Bank of Oman (CBO).
The government’s deposits to the Sultanate’s commercial banks declined in ten first 10 months of 2016 by 1.7% to OMR 5 billion, while the public sector’s deposits increased 5.1% to OMR 1.1 billion.
The private sector’s deposits rose in the first 10 months of 2016 by 1.7% to OMR 12 billion, accounting for 65.3% of total deposits.
