Loan loss provisions reached OMR bil in in Oman, according to the National Central Bank. This is the same as in the previous year.
Historically, loan loss provisions in Oman reached an all time high of OMR bil in and an all time low of OMR bil in.
Oman has been ranked within the group of 0 countries we follow in terms of loan loss provisions.
Loan loss provisions (also known as "valuation allowance" and "valuation reserve") are an expense creditors budget as an allowance for bad loans.