Sunday 15, June 2014 by Matthew AmlĂ´t

Commercial Bank deposits grow by 12.8 per cent

A recently released 'Money and Banking' report issued by the National Centre for Statistics and Information (NCSI) reveals a notable increase in the total value of commercial bank deposits by the private sector in the twelve month period ending March 2014. During this period, the total value of commercial bank deposits increased from OMR 9.19 billion in March 2013 to OMR 10.38 billion at the end of March 2014, representing an increase of 12.8 per cent.

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