Bank lending and credit · Oman

Oman Total Credit YoY

The Oman Total Credit YoY measures how much new credit banks extend, or how fast their loans or deposits grow, in Oman.

Importance
Low

Latest figures

The latest release for DEC, published on 2 March 2025, came in at 4.8%, up from 2% the time before.

ReleasedForActualConsensusPrevious
2 Mar 2025DEC4.8%–2%

See it in the economic calendar →

Why it matters

Credit is the fuel of spending and investment. Strong lending growth means households and companies are confident and that monetary policy is passing through; a credit slowdown often precedes a slowdown in activity. In China, new loans and total social financing are among the most watched signs of stimulus.

How it is calculated

Banks report the outstanding stock of loans to the central bank; the release shows the change over the month or the growth from a year earlier.

What changes mean

  • Rising credit growth supports the growth outlook and the the local currency.
  • A sudden drop in lending can signal tighter bank standards or weak demand.
  • Compare with interest rates: credit should slow after hikes; if it does not, more tightening may follow.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the the local currency and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the the local currency tends to soften and markets price in lower rates.

A short history

Credit cycles were described by economists such as Hyman Minsky; after the 2008 financial crisis regulators began to track credit growth closely as an early warning of booms and busts.

Questions

What is the Oman Total Credit YoY?

The Oman Total Credit YoY measures how much new credit banks extend, or how fast their loans or deposits grow, in Oman.

What was the latest Oman Total Credit YoY?

4.8% for DEC, published on 2 March 2025.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.