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Islamic Finance Briefing - Categorized | Banking, Performance more

Oman: Commercial banks’ total assets show modest rise by 5.5pct

Posted on 21 December 2009

From Globalarabnetwork.com: Total assets of commercial banks in Oman increased modestly by 5.5 per cent to RO 14,264.3 million in October 2009 from RO 13,520 million in October 2008.
The expansion in commercial banks’ assets was driven by 9.8 per cent growth in credit which stood at RO 9,753.1 million as at the end of October 2009 compared to RO 8,879.2 million at the end of October 2008, according to CBO report…………………………………Full Article: Source

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