Bank Muscat Posts RO84mn Net Profit For The First Half
Bank Muscat reported net profit of RO84.31mn for the first half of 2017, down from RO90.47mn for the same period in 2016. The bank’s net interest income from conventional banking stood at RO125.63mn for the first six months of 2017, compared with RO124.42mn for the same period of 2016, reflecting an increase of 1 per cent. Net income from Islamic financing was RO12.4mn for the six months of 2017, compared with RO11.76mn for the same period of 2016, showing an increase of 5.4 per cent.
This story is from the August 2017 edition of Oman Economic Review.
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This story is from the August 2017 edition of Oman Economic Review.
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