Bank Muscat posts 8.9% rise in profit
Bank Muscat, Oman’s largest lender, posted an 8.9 per cent increase in its first-quarter net profit on Tuesday, beating analysts’ forecasts, as fee income swelled. The bank made a profit of 43.3 million riyals ($112.5 million; Dh411.63 million) in the period ending March 31, compared to 39.8 million riyals a…
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