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  • 08-08-19

    5.1 percent jump in Ahlibank net profit

    (MENAFN) Net profit of Oman-based Ahlibank witnessed a surge by 5.1 percent year-on-year from January to June 2019, standing at RO14.92 million.

    Meanwhile, total assets of the bank reached RO2.38 billion to mark an 11.8 percent boost by the end of the second quarter.

    Customer deposits of Ahlibank were also revealed to have hit RO1.61 billion, recording a 6.9 percent jump during the period.

    Chairman of Ahlibank, Hamdan Ali Nasser al Hinai emphasized that "we are pleased with the sustained results and overall performance of Ahlibank in the second quarter."

    Al Hinai added: "the results further demonstrate our prudent strategy and the value proposition we provide to our customers. We look forward to continued performance in the second half of 2019."

    MENAFN0808201900450000ID1098860476

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