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FINANCIAL NEWS
Omani Bank Nizwa profit grows by 200pct in H1
23 Aug 2017
(MENAFN) Bank Nizwa, has achieved a 200 percent increase in net profit in the Jan-June period of this year, which was the higher increase rate in the Sultanate.
Additionally, the bank’s milestone was achieved because of a jump in whole assets, which reached OMR613mn at the end of June this year.
Currently, the bank continued growth mirrors the popularity of its huge ranging Islamic fiscal products and services, showing strong resilience.
Moreover, the bank also posted a 45 percent increase in assets and a 36 percent increase in revenue amid the cited period of the year.
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MENAFN2308201700450000ID1095761465
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