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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

CBO foreign assets grow 10 per cent

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MUSCAT: Total foreign assets of the Central Bank of Oman (CBO) climbed 10 per cent to reach RO 6.945 billion at the end of May 2021, up from RO 6.291 billion a year earlier.


According to the latest figures of the National Centre for Statistics and Information (NCSI), total private sector deposits with commercial banks and Islamic windows rose 7.4 per cent to reach RO 17.336 billion, up from RO 16.147 billion a year ago.


Total loans and financial assistance advanced by commercial banks increased 2.1 per cent to RO 27.085 billion as of end-May 2021, up from RO 26.537 billion a year earlier. Domestic liquidity rose 6.5 per cent to RO 20.279 billion versus RO 19.039 billion last year.


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