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FINANCIAL NEWS
Omani bank credit up 9 pct in 8 months
13 Oct 2013
(MENAFN) Omani bank’s total credit went in the first 8 months of this year by 9 percent to hit USD298.1 billion, Times of Oman reported.
The government’s credit went down by 44.7 percent, while private sector’s credit surged 8.8 percent and public enterprises increased 16.1 percent.
By the end of August, the share of non-financial corporate sector in the private sector was 47.6 percent, while the household sector came at 45.3 and the other sectors with 7.1 percent.
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