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Initial Un-audited Consolidated Conventional and “Maisarah” Islamic Banking Services Financial Results for the 6 - Month period ended 30th June 2015

Initial Un-audited Consolidated Conventional and “Maisarah” Islamic Banking Services Financial Results for the 6 - Month period ended 30th June 2015
Bank Dhofar
BKDB
0.73% 0.14 0.00

In compliance with the rules and guidelines on Disclosure issued by the Capital Market Authority as approved by Administrative Decision No.5/2007 dated 27 June 2007, the Bank announces the initial un-audited financial results for      the 6 – Month period ended 30th June 2015 as follows:-

 

These initial results are un-audited and have not yet been presented to the Bank’s Board of Directors for their approval.

 

  

30-Jun-15

30-Jun-14

Growth %

RO'000

RO'000

Total Assets

3,385,332

2,854,196

18.61%

Net Loans and Advances to customers

2,502,925

2,178,282

14.90%

Deposits from customers

2,625,040

2,192,497

19.73%

Total Shareholders' Equity

341,715

307,217

11.23%

Total Equity *

457,215

307,217

48.82%

Operating Income

54,905

48,465

13.29%

Operating Expense

24,825

22,214

11.75%

Profit from operations

30,080

26,251

14.59%

Profit from operations after provision

25,627

23,206

10.43%

Net profit after tax - Conventional Banking

21,499

20,762

3.55%

Net profit/(Loss) after tax - Islamic Banking

         1,128

         (258)

537.21%

Net profit after tax – Consolidated

22,627

20,504

10.35%

* Total Equity Includes Perpetual Bonds issue of USD 300 Million in May 2015 which are listed and traded in Irish Stock Exchange.