Muscat: The total value of private deposits at the commercial banks in the Sultanate at the end of January 2019 witnessed a slight decrease by 0.76 per cent to OMR12.50 billion compared to OMR12.59 billion in the corresponding period in 2018.
The monthly statistical bulletin published by the Central Bank of Oman (CBO) pointed out that the gross value for these deposits at the end of January 2019 includes the time deposits stood at OMR4.06 billion, OMR4.61 billion saving deposits and OMR3.59 billion on demand deposits.
The bulletin pointed out that the total value for these deposits include RO11,388.5 million and RO1,112.0 million in foreign currencies.
As for the banking indicators for the commercial banks as at the end of January 2019, the bulletin said that the broad money and clearance to the deposits in Riyals was 8.9 per cent. The combined money and clearance to the gross deposits was 7.8 per cent. The total percentage of loans to the deposits was 111 per cent.
The rate of foreign currency deposits to the total deposits was 11.9 per cent. The foreign currency loans to the total loans was 15.7 per cent. The foreign assets to the total assets was 9.6 per cent. The foreign liabilities to the total liabilities was 12.3 per cent.
The on-demand deposits to the total private deposits stood at 28.8 per cent. The capital and reserves to the total deposits was 25.8 per cent. The rate of allocations and the retained interests to the total credit was 3.6 per cent.