MUSCAT, 29 October 2014 – Bank Muscat, the flagship financial institution in the Sultanate, on Wednesday (29 October 2014) announced the Q3 financial results, approved by the board of directors. The bank posted a net profit of RO 126.73 million for the 9-month period ending 30 September 2014 compared to RO 102.51 million reported during the same period in 2013.
Shaikh Khalid bin Mustahail Al Mashani, Chairman of Bank Muscat, said: “The key business lines of the bank maintained performance momentum during the period. Going forward, the bank will continue its prudent policies and align growth according to market conditions, which pose a challenging situation."
The key highlights of the results for the period are as follows
9 months ended Sep 2014
9 months ended Sep 2013
Q3 2014 versus Q2 2014
3 months ended Sep 2014
3 months ended June 2014