The Central Bank of the Sultanate of Oman announced that the total assets value of the operating commercial banks in the Sultanate had increased to OR 5.561 billion ($14.35 billion) by the end of 2005, up from OR 4.888 billion ($12.7 billion) in the previous year. These figures translate into a 13.8% growth, according to Al-Khaleej newspaper.
Meanwhile, the total net profit value of the operating commercial banks in the Sultanate increased to OR 125 million ($325 million) by the end of 2005, up from OR 79 million ($206 million) in the previous year. These figures translate into a 57% growth.
