Muscat, Aggregate deposits held with conventional banks, however, decreased by 0.8 percent to RO 18.9 billion in April 2018 from RO 19.1 billion a year ago.
Government deposits with conventional banks declined by 1.8 percent to RO 5.1 billion, while deposits of public enterprises decreased significantly by 10.6 percent to RO 885.9 million during the same period.
Private sector deposits which accounted for 65.6 percent of total deposits with conventional banks, declined by 1.1 percent to RO 12.4 billion in April 2018 from RO 12.6 billion a year ago.
The core capital and reserves of conventional banks stood at RO 4.5 billion at the end of April 2018.
Source: Oman News Agency