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Bank
Muscat Net Profit Increases by 9.2 Percent
Muscat,
15 Oct 2026 (ONA) — Bank Muscat achieved a net profit of RO 209.18 million
compared to a net profit of RO 191.57 million for the same period in 2025,
representing an increase of 9.2 percent.
Data
issued by the bank indicated that net interest income from conventional banking
and income from Islamic financing reached RO 321.4 million during the first
nine months of 2026, compared to RO 310.9 million for the same period in 2025,
representing an increase of 3.4 percent.
Other
operating income reached RO 131.63 million compared to RO 123.57 million for
the same period in 2025, an increase of 6.5 percent.
Operating
expenses during the nine-month period ended 30 September 2026, amounted to approximately
RO 172.27 million, compared to RO 162.82 million for the same period in 2025,
representing an increase of 5.8 percent.
The
bank allocated an amount of RO 32.76 million for the nine-month period ended 30
September 2026, for net loan impairment and other potential losses, compared to
net provisions of RO 43.63 million for the same period in 2025.
—Ends/AG