Total credit of banks over RO 20 billion

MUSCAT: The total credit of the commercial banks in the Sultanate by the end of June stood at RO 20.108 billion compared to RO 19.348 billion during the same period of 2016, comprising an increase of 3.9 per cent. The statistical quarterly bulletin issued by the Research and Statistics Department of the Central Bank of Oman (CBO) said that the personal loans sector got RO 8,058.9 million, 40.1 per cent of the total bank credit to commercial banks. The construction sector got RO 2,197.3 million, with 10.9 per cent.