VOL. XLII
No. 22
31-May-1999
OMAN
Oman Banking Statistics Show Shift In Deposits And IncreasedLending
The latest statistics released by the Central Bank of Oman(CBO) reveal a 1.4% increase in the broad money measure (M2), which reachedOR2,098mn ($5,449mn) at the end of March, compared to the same period lastyear. However, according to a statement released by the bank, Omani riyal timedeposits, margins and forex deposits increased by 5.4% over the precedingyears figure to reach OR1,590mn...
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