HSBC BANK OMAN S.A.O.G.
PRELIMINARY UNAUDITED FINANCIAL RESULTS
FOR THE SIX MONTHS ENDED 30 JUNE 2015
In compliance with the rules and guidelines on Disclosure by Issuers of Securities and Insider Trading issued by the Capital Market Authority, HSBC Bank Oman S.A.O.G. (‘HBON’) announces its preliminary unaudited financial results for the six months ended 30 June 2015.
These preliminary unaudited financial results are due to be presented to the Bank’s Board of Directors for approval.
Key highlights:
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30 June 15
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30 June 14
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Change %
|
|
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RO millions
|
RO millions
|
|
Total assets
|
2,350.8
|
2,380.0
|
(1.2)
|
|
Loans and advances to customers - net
|
1,314.7
|
1,136.6
|
15.7
|
|
Customer deposits
|
1,945.2
|
1,960.1
|
(0.8)
|
|
Total equity
|
303.9
|
303.9
|
-
|
|
Operating income
|
36.1
|
34.1
|
5.9
|
|
Loan impairment (charges) – net of recoveries
|
(2.2)
|
(1.2)
|
83.3
|
|
Operating expenses
|
(27.7)
|
(26.5)
|
4.5
|
|
Profit for the period
|
5.2
|
5.7
|
(8.8)
|