Oman Coverage Aug 20 - Sep 24
• Conventional banks' assets increase 4.8% y/y as of end-July• Broad money supply grows 3.1% y/y in July
• Central bank's foreign assets decrease 3.5% m/m as of end-July
• Overnight interbank lending rate rises in July
• National Bank of Oman to issue USD 500mn bond
• Inflation slows to 1.1% y/y in August
• Government in talks with Asian partners for oil storage
• PDO wants to increase crude oil capacity by 13%
• Government expects oil prices between USD 70-USD 80 per barrel in 2018
• Government plans mandatory health insurance in 2019
• Fitch says Omani banks' margins fall on rising rates
• Population rises 0.5% y/y to 4.6mn at end-July
• Budget deficit narrows 42.3% y/y to USD 3.65bn in Jan-June
• Average oil price rises 26.7% y/y during Jan-July 2018
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