Saturday 25 / October / 2025
Muscat: Broad money supply (M2) in the Sultanate of Oman grew by 6.1 percent year-on-year (YoY) to reach OMR25.8 billion by the end of August 2025.
Statistics issued by the Central Bank of Oman (CBO) indicated that this increase was the result of a 6.9 percent increase in narrow money and a 5.8 percent increase in quasi-money, which consists of savings and time deposits in Omani riyals, plus certificates of deposit issued by banks, in addition to margin accounts and all foreign currency deposits in the banking sector.
Statistics showed that during the same period, cash held by the public decreased by 5 percent, while demand deposits increased by 9.4 percent. Regarding the interest rate structure of conventional commercial banks, the weighted average interest rate on Omani riyal deposits decreased from 2.704 percent in August 2024 to 2.535 percent in August 2025.
The weighted average interest rate on Omani riyal loans also decreased from 5.603 percent to 5.492 percent during the same period.
The average interest rate in the overnight interbank lending market decreased by 4.012 percent in August 2025 compared to 5.133 percent in August 2024.
This is attributed to a decrease in the weighted average interest rate on repo operations, which reached 5 percent compared to 6 percent during the same period last year, in line with the policies of the US Federal Reserve.
