Muscat: The total credit granted by the banking sector in the Sultanate of Oman increased by 8.9 percent to reach OMR34.1 billion by the end of July 2025.
Data released by the Central Bank of Oman (CBO) showed that credit to the private sector grew by 6.4 percent, reaching OMR 27.9 billion by the end of July 2025.
Data on the distribution of credit granted to the private sector across various sectors by the end of last July indicated that the non-financial corporate sector accounted for the largest share, at 46.6 percent, followed by the individual sector at 44.8 percent. The remaining share was distributed among the financial corporate sector at 5.7 percent and other sectors at 2.9 percent.
Meanwhile, total deposits in the banking sector grew by 6.1 percent, reaching OMR 32.9 billion by the end of July 2025.
Within this total, private sector deposits in the banking system increased by 5.8 percent to reach OMR 21.9 billion by the end of July 2025.
When looking at the distribution of the total private sector deposit base across various sectors, statistics show that the individual sector accounted for the largest share, amounting to approximately 51.0 percent, followed by the non-financial corporate sector and the financial corporate sector, with shares amounting to 29.4 percent and 17.6 percent, respectively. The remaining 2.3 percent was distributed among other sectors.