Financial Results
Retail Banking
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Oman’s Bank Muscat posts 9% rise in Q1 profit on lower impairment
Bank Muscat, Oman’s largest bank, reported Q1 net profit of OMR 64 million, 9% higher year-on-year (YoY) on the back of higher net interest income, alongside lower net impairment losses. Net interest income from conventional banking and from Islamic financing stood at OMR 104 million compared with OMR 102 million…
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