Financial Results
Retail Banking
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GCC banks post $35bn profits on higher revenues in 2021
Total net profits for the GCC banking sector increased by 40 per cent to reach US$35bn in 2021 as compared to US$25bn in 2020, recording one of the highest yearly profitability levels. The growth in the GCC banks’ profits during 2021 was led by an increase in total bank revenues…
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Click here to read the full story: Muscat Daily