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FINANCIAL NEWS
Oman posts 0.21 percent in yearly inflation over Jan-Sep
22 Nov 2015
(MEANFN) Oman had its annual inflation which is calculated by the movement in the average consumer price index (CPI) standing at 0.21 per cent over the first nine months.
The overall assets of conventional commercial banks amplified by 13.6 percent to USD72.2 billion in September as opposed to USD63.3 billion reported in the previous year.
Banks spent USD1 billion on government Treasury Bills as at the end of Sep, thus Commercial banks’ investments in foreign securities stood at USD1.6 billion at the end of the cited month.
However, Commercial banks’ overall investments in securities dropped by 10.9 percent to USD6.9 billion as at the end of September from USD7.7 billion registered in the prior year.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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