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Company News
UNAUDITED RESULTS FOR THE PERIOD ENDED SPTEMBER 30 2011
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Oct 17, 2011
- 07:53 AM
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Company Name:
NATIONAL BANK OF OMAN
National Bank of Oman (NBO) announces its unaudited results for the nine months ended 30 September 2011. The results are subject to the approval by the Board of Directors of the Bank.
The Bank achieved a net profit after tax of RO 27.3 million for the nine months ended September 2011 compared to RO 21.7 million for the same period in 2010.
Key Financial Highlights
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Performance - Sep 2011 Vs Sep 2010
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All amounts in RO millions
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Sep-11
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Sep-10
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Variance %
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Total Assets
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2,098.2
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1,885.8
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11
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Loans & Advances to customers
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1,587.9
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1,428.7
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11
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Customers' deposits
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1,547.8
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1,339.7
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16
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Subordinated Funds
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30.6
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30.6
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-
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Shareholders' Equity
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274.3
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258.3
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6
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Net Interest Income
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44.6
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41.9
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6
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Operating Income
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69.7
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60.4
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15
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Operating Expense
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31.8
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28.6
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11
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Operating Profit
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37.9
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31.8
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19
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Net Profit after Tax
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27.3
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21.7
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26
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