BKSB
In compliance with the rules and guidelines on Disclosure issued by the Capital Market Authority vide their administrative decision No. 5/2007 dated 27th June 2007, Bank Sohar wishes to announce its initial un-audited results for the year ended 31 December 2015 as follows:
(Amounts in OMR 000’s)
|
|
31 December 2015 |
31 December 2014 |
% age Growth |
| Total Assets |
2,207,472 |
2,075,395 |
6.36% |
| Gross Loans & Advances |
1,683,137 |
1,454,762 |
15.70% |
| Net Loans & Advances |
1,647,311 |
1,423,053 |
15.76% |
| Deposits from Customers |
1,464,479 |
1,551,696 |
(5.62%) |
| Total Shareholders’ Equity |
252,069 |
192,076 |
31.23% |
| Operating Income |
70,910 |
70,319 |
0.84% |
| Operating Expense |
33,581 |
31,331 |
(7.18%) |
| Net Profit/(Loss) after Tax |
28,009 |
29,878 |
(6.26%) |
| Net profit /(loss)- Conventional banking |
27,639 |
30,216 |
(8.53%) |
| Net profit /(loss)- Islamic banking |
370 |
(338) |
|
Please note that the above results are:
- Un-Audited
- Subject to CBO approval
- Subject to Board of Directors approval
The bank shall publish the detailed results once it is approved by the Board of Directors.
