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Oman
Banking sector profile — Middle East & North Africa
Data as of October 2026 • TGB Intelligence Unit
Sector overview
Structure and performance
Oman's banking sector is small by GCC standards but expanding quickly. Total assets reached OMR48.7bn (US$126.6bn) at end-2025, up 9.2%, with credit of OMR35.3bn and deposits of OMR34.0bn, according to the Central Bank of Oman (CBO). Growth accelerated in 2026: by July credit was up 12.2% year on year at OMR38.3bn and deposits up 13.2% at OMR37.3bn. Bank Muscat reported total assets of OMR15.1bn at end-2025, about 31% of sector assets.