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Preliminary Unaudited Financial Results Ended 30 June 2017
Jul 14, 2017 - 11:21AM 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 June 2017.

 

                            (Amounts in OMR 000’s)

 

30 June 2017

30 June 2016

% Growth

Total Assets

     612,999

421,338

45%

Financing to Customers

485,384

350,256

39%

Customer Deposits

441,816

251,219

76%

Total Shareholders’ Equity

128,317

126,024

2%

Operating Income

10,726

7,875

36%

Operating Expense

     (8,229)

(7,746)

(6%)

Operating profit  before provision and tax

2,497

129

1,836%

Profit / (Loss) after provisions, before tax

             1,470

(727)

302%

Net Profit / (Loss) after tax

             1,303

(727)

279%

 

Please note that the above results are:

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