Please wait...
GulfBase Live Support
- Beyon reinforces regional leadership with Group presence at GITEX Global 2025
- Gold nears fresh record high on safe-haven demand
- QNB 'Official Bank' of Big 5 Construct Qatar Exhibition 2025
- Commercial Bank honoured with 9 Global Finance Awards in 2025
- First phase of Zain Great Idea regional edition kicks off with intensive bootcamps
- Agreements inked to localise projects in Khazaen Economic City worth over OMR276mn
- Bank Muscat reports 12.2% rise in nine-month net profit to RO191.57mn
- World Bank Group to open office in Muscat
- Karwa Motors to Build Mercedes-Benz Buses in Oman, pact signed in Brussels
- Dukhan Bank announces October Thara'a draw winners
16/10/2025 02:03 AST
Bank Muscat, the Sultanate's flagship financial institution, posted a net profit of RO191.57mn for the nine months ended September 30, up 12.2% from RO170.79mn in the same period last year, the bank announced on Wednesday.
Net interest income from conventional banking and net income from Islamic financing rose 5.8% to RO310.9mn, compared with RO293.91mn a year earlier. Non-interest income grew 12% to RO123.57mn, driven by higher business volumes and increased investment returns.
Operating expenses for the period stood at RO162.82mn, a 5.3% increase over RO154.64mn in 2024, while net impairment losses on financial assets fell to RO43.63mn from RO46.12mn.
Total net loans and advances, including Islamic financing receivables, rose 4.2% to RO10,702mn, up from RO10,268mn in September 2024. Customer deposits, including Islamic deposits, were stable at RO10,099mn.
Operating profit for the nine-month period increased 8.8% to RO271.65mn. Total assets rose 3.6% to RO14,555mn, while total equity, which includes perpetual Tier I capital of RO505mn, grew 5% to RO2,528mn.
The bank's performance reflects steady growth across conventional and Islamic banking operations, supported by disciplined cost management and improved investment income.
Muscat Daily
16/07/2025
Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the six months ending on June 30.
The bank posted a net profit of RO
Muscat Daily
22/04/2025
Bank Muscat places significant emphasis on digital transformation to achieve excellence in the banking sector and offer innovative services that meet the needs of individual and corporate customers.
Muscat Daily
16/04/2025
Bank Muscat, the largest financial institution in Oman, reported a net profit of RO58.56mn for the first quarter of 2025, compared to RO54.24mn reported during the same period in 2024, reflecting a y
Muscat Daily
| Ticker | Price | Volume |
|---|
16/10/2025
Beyon strengthened its regional leadership through its strong participation at GITEX Global 2025, the region's leading technology and AI event, taking place at the Dubai World Trade Centre until Octo
BNA
16/10/2025
QNB Group participated as the 'Official Bank Sponsor' for the Big 5 Construct Qatar Exhibition 2025, Qatar's largest construction event, bringing together local and international companies to showcas
Gulf Times
16/10/2025
Commercial Bank has been recognised by Global Finance magazine with "multiple prestigious" awards, underscoring its leadership in advancing digital banking, fostering innovation, and delivering seaml
Gulf Times
16/10/2025
The first phase of the Zain Great Idea tech startup accelerator regional edition kicked off with intensive training bootcamps that brought together leading global, regional, and local experts across
Kuwait Times
16/10/2025
Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters. The draw was conducted recently, under the sup
The Peninsula
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia