FINANCIAL NEWS

Oman foreign assets reach USD17.17 b

07 Oct 2013

(MENAFN) Omans foreign assets reached its highest at USD17.17 billion in August compared to USD16.38 billion by the end of June, 2013, according to Oman Observer.

Deposits of private sector in the Sultanates commercial bank reached USD24.34 billion, a rise of 7.6 percent in the period up to June.

The central bank said: “The Omani economy sustained its growth momentum as reflected in the rise of the GDP and the strength of the balance sheet of the banks.”

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