Tuesday, 13 January 2009

Omani banking sector

Omani banking sector is strong and has not been affected by the current global financial crisis according to Hamoud Bin Sangour Al Zadjali, executive president of CBO.

Last year, the total assets of Oman's commercial banks rose 39.2 per cent to 13.7 billion Omani riyals (Dh130.15 billion). Aggregate deposits grew 38.7 per cent.

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