Saturday 26 May 2018

Oman loan growth at 9-month low

Muscat, November 13, 2012

The bank lending in Oman registered a 17.4 per cent growth on an annual basis in September, the slowest pace since December last year, compared to an 18.1 per cent jump in August, central bank data showed on Tuesday.

The Sultanate's M2 money supply grew 13.2 per cent year-on-year at the end of September, the lowest rate since January and down from a 17.3 per cent rise in the previous month, it added.-Reuters

Tags: Oman | money supply | loan growth |

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