Re-Examining the Banking Sector Development and Economic Growth Nexus in Oman

Abstract The present paper was aimed to investigate the relationships between banking sector development and the economic growth of Oman. The findings of the study suggests that the variables selected for the study namely the banking sector assets and the credit granted by banks to have a positive and significant impact on the GDP of Oman. The study highlights the fact that banking sector in Oman had made a great progress during the period of study and playing a key role in the economic growth of Oman. Key Words: GDP, credit ,total Assets, banking

1Naushad Alam & 2Mohammad Noor Alam