MUSCAT: Private deposits at the commercial banks in the Sultanate for the first two months ending February 2015 rose by 9.47 percent to OMR11,380.7 million compared to OMR10,396.4 million in the corresponding period in 2014, according to a monthly statistical bulletin published by the Central Bank of Oman (CBO).
The gross value for these deposits as of the end of February 2015 includes the time deposits that stood at OMR3,217.8 million, savings deposits of OMR4,156.5 million and demand deposits of OMR3,792.3 million, the report further added.
The bulletin pointed out that the total value for these deposits include OMR10,513.6 million and OMR867.1 million in foreign currencies.
As for the banking indicators for the commercial banks as at the end of February 2015, the bulletin said that the broad money and clearance to the deposits in Riyals was 16.8 percent. The combined money and clearance to the gross deposits was 14.9 percent. The total percentage of loans to deposits was 97.5 percent.
The rate of foreign currency deposits to the total deposits was 11.2 percent. The rate of foreign assets to the total loans was 15.2 percent. The foreign liability to the total liabilities was 10.4 percent.
The demand deposits to the total private deposits was 33 percent. The capital and reserves to the total deposits was 18.5 percent. The rate of allocations and the retained interests to the total credit was 3.5 percent.
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