Credit value for domestic sales, exports at Credit Oman exceeds OMR226mn
Summarized and contextualized by DistantNews.
At a glance
- Credit Oman approved credit ceilings totaling OMR226.6 million for domestic sales and exports in the first half of the year.
- This figure represents a decrease from OMR253.1 million during the same period last year.
- The manufacturing sector accounted for the largest share, with OMR208.3 million in approved credit ceilings.
Credit Oman reported that approved credit ceilings for domestic sales and exports reached approximately OMR226.6 million by the end of the first half of 2026. This figure shows a decline compared to OMR253.1 million recorded in the corresponding period of the previous year. The value of approved credit ceilings for exports specifically stood at about OMR138.5 million, down from OMR148.7 million year-on-year.
For domestic sales, approved credit ceilings amounted to approximately OMR88.1 million, a decrease from OMR104.4 million in the prior year. The total value of insured sales for both exports and domestic transactions also saw a reduction, falling to OMR191.4 million from OMR211.4 million, marking a 9 percent decrease. Insured export sales decreased by 15 percent to OMR100.9 million, while insured domestic sales dropped by 3 percent to OMR90.5 million.
The manufacturing sector dominated the distribution of approved credit ceilings and insured sales, accounting for OMR208.3 million, or 92 percent of the total. The wholesale and retail trade sector followed, with OMR13 million in approved credit ceilings (6 percent). The agriculture, forestry, and fishing sector ranked third with OMR3.1 million (1 percent).
Credit Oman continues to offer services and insurance solutions designed to protect Omani exporters from non-payment risks. These offerings aim to support business continuity and encourage exporters and manufacturers to pursue expansion strategies.
Originally published by Times of Oman. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.