Financial Results
Retail Banking
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Bank Muscat first quarter net profit jumps 59%
Bank Muscat, Oman’s largest lender, missed analysts’ expectations despite posting on Wednesday a 59.1 per cent jump in its first-quarter net profit, as it didn’t repeat a one-off fraud provision that it was forced to make last year. The bank reported a quarterly profit of 39.76 million Omani rials ($103.3…
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