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Preliminary Unaudited Financial Results Ended 30 September 2017
Oct 15, 2017 - 03:44PM Company : BANK NIZWA

In compliance with the rules and guidelines on Disclosure issued by the Capital Market Authority vide their administrative decision No. 5/2014 dated 29th May 2014, Bank Nizwa wishes to announce its un-audited financial results ended 30 September 2017.

 

                            (Amounts in OMR 000’s)

 

30 September 2017

30 September 2016

% Growth

Total Assets

652,119

465,175

40%

Financing to Customers

530,564

383,315

38%

Customer Deposits

486,371

299,391

62%

Total Shareholders’ Equity

129,357

126,339

2%

Operating Income

16,524

12,489

32%

Operating Expense

(12,344)

(11,823)

4%

Operating profit  before provision and tax

4,180

666

528%

Profit / (Loss) after provisions, before tax

2,681

(540)

596%

Net Profit / (Loss) after tax

2,310

(540)

528%

 

Please note that the above results are:

  1. Un-audited
  2. Subject to Board of Directors approval.