Despite adverse international developments, the Omani banking sector continued to exhibit optimism and resilience during 2011, consistent with the recovery of the real economy. According to the latest data available throught September 2011, the total assets of commercial banks increased by 9.5 per cent to RO 17,203.6 million compared to RO 15,705.3 million in September 2010.Cash and deposits with the CBO stood at RO 823.3 million at the end of September compared to RO 1,044.7 million in September 2010.
� 2011 Al Bawaba (www.albawaba.com)
Source: http://www.albawaba.com/business/assets-omani-commercial-banks-increased-402082
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