Bank Credit in Oman Hits RO 35 Billion: What This Growth Means for Investors and Business Owners
MUSCAT: By the end of November 2025, total credit extended by Oman’s banking sector reached approximately RO 35 billion, marking an 8.8 percent increase. Credit to the private sector grew by 6.9 percent, reaching RO 28.7 billion, demonstrating continued lending activity.
According to data from the Central Bank of Oman, the non-financial corporate sector received the largest share of credit at 47.2 percent, followed by the personal sector at 44.3 percent. The financial corporate sector accounted for 5.7 percent, while other sectors made up the remaining 2.8 percent.
Total deposits in the banking sector increased by 7.2 percent to RO 33.8 billion by the end of November 2025, reflecting sustained growth in liquidity.
Private sector deposits grew by 9.9 percent, reaching RO 22.8 billion during the same period. Distribution-wise, the personal sector held the largest share at 49.6 percent, followed by non-financial corporates at 31 percent, financial corporates at 17.3 percent, and other sectors at 2.1 percent. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
The robust 8.8% growth in credit extension and 7.2% rise in banking deposits signal strong liquidity and confidence within Oman’s financial sector, presenting a fertile ground for business expansion. With nearly half of the credit directed to non-financial corporates, entrepreneurs should capitalize on this lending trend to scale operations, while investors must monitor credit quality amid accelerated borrowing. Strategic focus on sectors benefiting from increased personal and corporate lending will be key to seizing growth opportunities and mitigating emerging financial risks.
