Private deposits at commercial banks in the Sultanate as at the end of May 2017 rose by 2.5 percent to RO 12,374.1 million compared to RO 12,074.5 million in the corresponding period last year, according to a monthly statistical bulletin published by the Central Bank of Oman (CBO).
The gross value for these deposits as of the end of May 2017 includes the time deposits that stood at RO 3,687.2 million, savings deposits of RO 4,571.6 million and demand deposits of RO 3,805.8 million.
The bulletin pointed out that the total value for these deposits include RO 11,379.2 million and RO 994.8 million in foreign currencies.
As for the banking indicators for the commercial banks as at the end of May 2017, the bulletin said that the broad money and clearance to the deposits in riyals was 10.2 percent. The combined money and clearance to the gross deposits was 8.9 percent. The total percentage of loans to the deposits was 104.7 percent.
The rate of foreign currency to the total deposits was 12.7 percent. The rate of foreign assets to the total loans was 13.7 percent. The rate of foreign assets to the total assets was 9.9 percent. The foreign liabilities to the total liabilities was 9.9 percent.
The on-demand deposits to the total private deposits was 30.6 percent. The capital and reserves to the total deposits was 21.6 percent. The rate of allocations and the retained interests to the total credit was 3.6 percent.
