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Initial Un-audited Consolidated Conventional and Maisarah Islamic Banking Services Financial Results for the 9 - Month period ended 30th September 2015

Initial Un-audited Consolidated Conventional and Maisarah Islamic Banking Services Financial Results for the 9 - Month period ended 30th September 2015
Bank Dhofar
BKDB
0.76% 0.13 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 September 2007, the Bank announces the initial un-audited financial results for  the Nine – Month period ended 30th September 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-September-15

30-September-14

Growth %

RO'000

RO'000

Total Assets

3,337,758

2,924,915

14.11%

Net Loans and Advances to customers

2,636,732

2,256,987

16.83%

Deposits from customers

2,550,865

2,199,707

15.96%

Total Shareholders' Equity

352,020

317,360

10.92%

Total Equity *

467,520

317,360

47.32%

Operating Income

84,637

73,307

15.46%

Operating Expense

38,413

34,347

11.84%

Profit from operations

46,224

38,960

18.64%

Profit from operations after provision

37,856

34,363

10.17%

Net profit after tax - Conventional Banking

31,730

30,315

4.67%

Net profit/(Loss) after tax - Islamic Banking

1,665

12

13775.00%

Net profit after tax – Consolidated

33,395

30,327

10.12%

 

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