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Bank Dhofar Q2 profit rises 23%, meets expectations

Bank Dhofar, currently in talks to merge with smaller rival Bank Sohar, met analysts’ expectations as it posted a 23% rise in second-quarter net profit yesterday. Oman’s second-largest bank by market value made a profit of 10.28mn rials ($26.7mn) in the three-month period to June 30 compared to 8.36mn rials…

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Click here to read the full story: Gulf Times

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