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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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