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Oman banks report 13% rise in deposits
- Oman: Monday, February 25 - 2013 at 04:42
Oman's central bank has said that total deposits, comprising rial and foreign currency deposits, with commercial banks in the sultanate rose 12.7% to OR14.17bn in December 2012, compared with OR12.57bn a year earlier, Muscat Daily has reported. Private sector deposits increased 12.3% to OR9.02bn in December 2012 from OR8.03bn a year ago. Public sector deposits increased 17.3% to OR3.95bn, while deposits of public enterprises declined 1.1% to OR969.2m during the same period.
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