Bank Muscat net profits in nine months

Bank Muscat has announced its preliminary results for the nine months ended on September 30, 2019.

  

MUSCAT: Bank Muscat has announced its preliminary results for the nine months ended on September 30, 2019. The bank posted a net profit of RO 141.43 million for the period compared to RO 134.74 million reported during the same period in 2018, an increase of 5 per cent. Net interest income from banking and income from Islamic financing stood at RO 237.97 million for the nine-month period ended on September 30, compared to RO 224.18 million for the same period in 2018, an increase of 6.2 per cent.

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