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Islamic Finance Briefing - Categorized | Banking, Performance more

Oman’s NBO Q4 net falls 16pct, misses estimates

Posted on 24 January 2011

From Arabianbusiness.com: Fourth-quarter net profit at National Bank of Oman, the sultanate’s second-largest lender by assets, dropped sixteen percent, Reuters calculations showed on Sunday.
The bank made a quarterly net profit of OMR5.5m ($14.3m), Reuters calculated, compared with OMR6.54m ($16.98m) in the same period in 2009……………………………………….Full Article: Source

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