Financial Results
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Oman’s Bank Muscat misses profit forecast on fraud provision
Bank Muscat, Oman's largest lender, posted a 25.1 percent drop in first-quarter net profit, missing analysts' forecasts, as it booked a provision after some of its prepaid travel cards were hit by fraud. The lender made a quarterly profit of 25 million rials ($64.9 million) in the three months to…
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Click here to read the full story: Al Arabiya