Now Reading
Oman’s Bank Sohar Q1 Net Jumps 31%

Oman’s Bank Sohar Q1 Net Jumps 31%

Net loans and advances climbed 17 per cent to 1.31 billion rials, while customers’deposits increased 8 per cent to 1.41 billion rials.

Oman’s Bank Sohar, in talks to merge with larger rival Bank Dhofar, reported on Monday a 31 per cent year-on-year jump in net profit for the first quarter of this year to 7.96 million rials ($20.7 million).

Net loans and advances climbed 17 per cent to 1.31 billion rials, while customers’deposits increased 8 per cent to 1.41 billion rials.

© 2020 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top