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Bank Sohar profit soars 50 per cent, loans and deposits rise

Bank Sohar, an Omani lender, posted a 50 per cent increase in first-half profit as loans and deposits rose. Net income rose to RO10.4 million from RO6.9 million a year earlier, the Muscat-based lender said in a statement to the local stock market yesterday. Net loans and advances increased 12…

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Click here to read the full story: Times of Oman

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