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Islamic Finance Briefing - Categorized | Banking, Performance more

Bank Dhofar Q1 net profit OMR 32.44 mln, up 253 pct

Posted on 26 April 2013

Operating income was up 7.43 per cent to OMR 22.2 million. Operating expenses rose 22.3 per cent to OMR 10.6 million, including OMR 590,000 in start-up and pre-opening expenses for Maisarah Islamic Banking.
Total assets were up 14.81 per cent to OMR 2.34 billion. Net loans and advances to customers were up 8.4 per cent to 1.71 billion while deposits from customers rose 14.9 per cent to OMR 1.79 billion.Total shareholder equity was up 19.46 per cent to OMR 277.3 million………………………………………..Full Article: Source

 
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