The gross value for these deposits as of the end of March 2019 included the time deposits that stood at RO4,099.3 million, savings deposits of RO4,687.5 million and demand deposits
of RO3,675.9 million, the report further added.
The gross value for these deposits as of the end of March 2019 included the time deposits that stood at OMR4,099.3 million, savings deposits of OMR4,687.5 million and demand deposits
of OMR3,675.9 million, the report further added.
In the structure of deposits, most part accounted for deposits of legal entities - almost 11 billion manats (term deposits - 1.7 billion manats, demand deposits
- 9.27 billion manats)
Additionally, the Company has experienced significant organic deposit growth since the third quarter of 2017, increasing by $57.7 million, or 17.2%, which included growth of $30.3 million, or 51.5% in noninterest demand deposits
. Asset growth during the third quarter of 2018 was $32.4 million, or 7.0%.
Gross loans held for investment increased USD110.1m or 22.20 percent annualised, during the three-month period to USD2.1bn at September 30, 2018; Demand deposits
of USD1.2bn at September 30, 2018 comprised 52.90 percent of total deposits, inclusive of USD757.9m of non-interest bearing demand deposits
or 33.0 percent of the deposit portfolio.
increased significantly, and while a large portion was conversion related reclassifications, organic demand deposit
growth for the quarter was over $25M.
decreased by 205.1 million GEL (2.6 percent; exchange rate effect excluded volume of demand deposits
decreased by 2.5 percent).
Businesses and individuals hold 93.8 percent of demand deposits
while government entities make up the remaining 6.2 percent.
26, 2012 (CENS) -- With inward remittance of foreign funds boosting the amount of demand deposits
at banks, the annual growth rate of M1B, money supply in narrower definition, advanced to 3.65% in November, while M2, money supply in broader definition, slipped to 3.26%, due to switch of funds to non-deposit products, such as insurance and mutual funds, reported the Central Bank of China (CBC) yesterday (Dec.
Value of time (term) deposits amounted to 2.9 billion riyals, saving deposits 2.4 billion riyals and demand deposits
2.4 billion riyals, according to the monthly statistical bulletin of of the Central Bank of Oman (CBO).
Deposits in Saudi banks now stand at SR 996.92 billion, including 54.3 per cent held in non-interest-bearing demand deposits
Growths in the level of currency in circulation and other depository corporations (ODC) demand deposits
held with the Central Bank also contributed to the expansion of reserve money, the report said.