CBO’s assets increased by 4% in Q3

0
315

هذه الصفحة متوفرة بهذه اللغة: العربية

18 October 2020

MUSCAT (WAF): The assets of the Central Bank of Oman (CBO) increased at the end of the third quarter of this year from 7.6 billion Omani Rials ($19.76 billion) at the end of September 2019 to 7.9 billion Omani Rials ($20.54 billion) at the end of September 2020.

The data issued by the CBO, and published by Oman’s Official Gazzette, shows a significant increase in receivables from the government by 77% to reach one billion Omani Rials ($2.6 billion) compared to dues to the bank amounting to nearly 600 million Omani Rials ($1.56 billion) at the end of September 2019. The value of the CBO’s assets of Gold and Silver also increased by 25.6%.

Advertisement - إعلان

On the other hand, CBO’s assets of foreign securities decreased by 1.7%, receivables from local banks fell by 94%, and the reserves with the International Monetary Fund (IMF) decreased by 2%.