01 May 2017
(MENAFN) Bank Sohar has recorded a robust 43.9 percent increase in revenue at OMR5.99mn for the first quarter of this year, against OMR4.16mn for the same period of 2016.
However, despite some market challenges, the bank continues to achieve sustainable and profitable increase, which reflects its strong position in the industry.
Additionally, the bank’s operating profit for the period increased to 6.9 percent to OMR6.63mn up from OMR6.20mn for the same period of 2016.
Recently, other operating income excluding available for sale (AFS) investment losses and dividend income rose to 84.5 percent from OMR3.17mn for the same period of 2016.
MENAFN0105201700450000ID1095439399
MENAFN0105201700450000ID1095439399
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more