Bank Nizwa SAOG (BKNZ)

By: Salama Abdel Rahman Mubasher: Profits of banks operating in Oman and listed on the Muscat Securities Market (MSM) witnessed an 11.55% year-on-year increase for the third quarter of 2018. Net profits of eight lenders amounted to OMR 96.59 …

Mubasher: Bank Nizwa on Sunday reported turning to profitability in the second quarter of 2017 against losses in the corresponding period of the year before. The Muscat-listed bank achieved a profit of OMR 710,000 ($1.84 million) in Q2-17, against …

Mubasher: Bank Nizwa swung to profits in the fourth quarter of 2016, according to a bourse statement. The bank posted profits of OMR 650,000 ($1.69 million) in Q4-16, against losses of OMR 820,000 ($2.13 million) in Q4-15. In 2016, Bank Nizwa …

By: Islam Fadl Mubasher: The financial statements of the banks listed on the Muscat Securities Market (MSM) showed a 12.1% fall in their profits for the third quarter of fiscal 2016. Total profits of the eight listed banks reached OMR 88.8 million …

Mubasher: Bank Nizwa registered OMR 187,000 profits ($484,010) in the third quarter of 2016 against OMR 1.24 million losses ($3.21 million) for the year ago period, according to a bourse statement on Sunday. Over the first nine months, losses …

Mubasher: Bank Nizwa posted a decline by 83.55% in its second-quarter losses, according to a bourse statement. Losses reached OMR 261,000 ($675,620) in Q2-16, compared to OMR 1.59 million ($4.11 million) in Q2-15. The bank trimmed losses by 77.28% …

Mubasher: Bank Nizwa reported losses after taxes of OMR 4.76 million ($12.33 million) in the fiscal year 2015, a plunge of 38% to OMR 7.7 million ($19.9 million) in the fiscal year 2014, according to a bourse filing. Net operating income grew 58% …

In compliance with the rules and guidelines on Disclosure issued by the Capital Market Authority vide their administrative decision No. 5/2014 dated 29th May 2014, Bank Nizwa wishes to announce its       un-audited financial results ended 31 …

By Amr Adel Manama – Mubasher: Bank Nizwa, Oman’s first Islamic bank, is preparing to register its first ever profits in 2016, said CEO Jamil Al Jaroudi. In an interview with Mubasher during the World Islamic Banking Conference currently held in …

Mubasher: Bank Nizwa shrank 29% of its losses to OMR 4.23 million ($10.95 million) in the first nine months of 2015, compared to OMR 5.96 million ($15.43 million) in the same period of 2014, according to a bourse filing. Net operating income …

In compliance with the rules and guidelines on Disclosure issued by the Capital Market Authority vide their administrative decision No. 5/2014 dated 29th May 2014, Bank Nizwa wishes to announce its       un-audited financial results ended 30 …

  Oman – Mubasher: Bank Nizwa reported losses worth OMR 3.2 million ($8.3 million) in the six-month period ended 30 June 2015, down 18% from OMR 3.9 million ($10.1 million) in the same period last year, according to the bank’s  financial …

 Oman – Mubasher: Bank Nizwa has announced withdrawing its proposal to merge with United Finance Company (UFC), according to a filing to the Muscat Securities Market (MSM) on Monday.Bank Nizwa said that the purpose of the merger was “to …

In compliance with the rules and guidelines on Disclosure issued by the Capital Market Authority vide their administrative decision No. 5/2014 dated 29th May 2014, Bank Nizwa wishes to announce its       un-audited …

  1. Approving the Board of Directors’ Report for the financial period ended 31 December 2014. 2. Approving the Corporate Governance Report for the financial period ended 31 December 2014. 3. Approving the external auditors Report and …

Bank Nizwa announced, in a bourse filing to the Muscat Securities Market (MSM), on Wednesday that it has communicated to United Finance Company (UFC) via letter its interest “to explore the possibility of a strategic merger between the two …

Bank Nizwa SAOG (the “Bank”) would like to disclose that the Bank has communicated to United Finance Co SAOG via letter its interest to explore the possibility of a strategic merger between the two entities. This proposal is subject to both …

The Muscat Securities Market (MSM) has revealed that the revised Shariah Index, which consists of 32 listed companies, will begin trading on Sunday, September 14, reported Muscat Daily, adding that MSM revises the sample …

Muscat Securities Market (MSM) indices declined at the end of today’s session. The benchmark index (MSM30) decreased for the second consecutive session losing 0.44% or 32.84 points and closed at 7512.18 points, while the Sharia index …

Muscat Securities Market (MSM) indices rose at the end of Wednesday’s session. The benchmark index rose by 0.43% or 32.40 points to close at 7547.65 points. The Sharia Index increased by 0.42% to 1083.26 points.Market …

Muscat Securities Market (MSM) indices ended Monday in the red as the benchmark index gave up its morning gains to decline by 0.08% or 5.99 points and close at 7490.67 points below 7500 points after rising for four …