Oman’s total credit growth moderated marginally in July 2026, with the year-over-year rate easing to 12.5%, down from 12.7% in June 2026. The figures, updated on 06 September 2026, reflect a still-robust expansion in lending activity, albeit at a slightly slower pace than the previous month.
Both the current and previous readings compare each month’s credit growth to the same month a year earlier, indicating that while credit momentum remains strong, the rapid acceleration seen earlier in the year may be stabilising. The July data suggest that Oman’s financial system continues to support economic activity, even as the pace of expansion in total credit shows signs of gradual cooling.
