Friday, March 29, 2024 | Ramadan 18, 1445 H
clear sky
weather
OMAN
25°C / 25°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Bank credit exceeds RO 20 billion

minus
plus

MUSCAT: The total bank credit of the commercial banks in the Sultanate by the end of June 2017 stood at RO 20,108.6 million compared to RO 19,348.1 million during the same period of 2016, comprising an increase of 3.9 per cent. The Statistical Quarterly Bulletin issued by the Research and Statistics Department of the Central Bank of Oman (CBO) said that the personal loans sector obtained RO 8,058.9 million, 40.1 per cent of the total bank credit to commercial banks. The construction sector obtained RO 2,197.3 million, with 10.9 per cent. The service sector obtained RO 1,776.2 million, with 8.8 per cent, followed by the industrial sector at RO 1,394.7 million, with 6.9 per cent. — ONA


SHARE ARTICLE
arrow up
home icon