Bank Sohar net at RO4.440mn

Bank Sohar achieved a net profit of RO4.440mn in the first nine months of 2009 compared to a net loss of RO 0.656mn in the nine months of 2008

Bank Sohar achieved a net profit of RO4.440mn in the first nine months of 2009 compared to a net loss of RO 0.656mn in the nine months of 2008.

The net profit for the three month period ending September 30, 2009, was RO2.769mn against RO2.447mn in the preceding three month period ending June 30, 2009, a 13.2 per cent increase quarter-on-quarter.

Net interest income witnessed a significant improvement of 123.3 per cent from RO7.114mn in the first nine months of last year to RO15.886mn in the first nine months of the current year.

Bank Sohar net at RO4.440mn
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