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Dhofar gets $68m after ruling overturnedOman's Primary Court has returned RO26.1 million ($67.8 million) to Bank Dhofar, the Sultanate's second-largest lender by market value, after an appeals court overturned a 2011 ruling against it, the bank said on Monday. B More… |
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Bank Dhofar sees marginal Q1 profit growthBank Dhofar, Oman's second-largest bank by market capitalisation, saw its first-quarter net profit rise marginally by 0.2 per cent, the bank said in a statement. Net profit for the first three months of 2012 stood at 9.4 million rials ($2 More… |
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Bank Dhofar sees return to profit in H2Omani lender Bank Dhofar said a $68 million lawsuit filed by rival Oman International Bank will not hit profit performance in the second half because it has already set aside funds to cover any penalty. Mohammed Redha Jawad, acting chief e More… |
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Bank Dhofar told to pay $68m in OIB lawsuitOman's Bank Dhofar has been ordered to pay 26.1 million rials ($67.8 million) into an enforcement court's account in a lawsuit filed by rival Oman International Bank (OIB), Bank Dhofar said on Monday. The lawsuit related to a dispute betwe More… |
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Bank Dhofar CEO quitsOman's Bank Dhofar's chief executive Kris Babicci has resigned and will be relieved of duties as of April 24, the company said in a statement on Sunday. General manager Mohammad Redha Jawad will take on the role of acting chief executive. More… |
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Bank Dhofar mulls 12.5pc cash dividendOman's Bank Dhofar proposed a cash dividend of 12.5 per cent amounting to 10.17 million rials ($26.41 million), the company said in a statement on Tuesday. The board also approved a bonus share issue of 12.5 percent amounting to 101.7 mill More… |
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Bank Dhofar Q4 profit doublesQuarterly net profit at Oman's Bank Dhofar jumped more than two-fold, Reuters calculations show, but fell short of average analyst estimates. Bank Dhofar made a fourth-quarter profit of 7.9 million rials ($20.51 mi More… |
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Bank Dhofar Q3 profit up 5pc to $20mBank Dhofar, Oman's second-largest bank by market value, fell short of forecasts with a 5 per cent rise in third-quarter net profit to QR7.7 million ($20 million). Third-quarter net profit rose to QR7.7 million from QR7.32 million in t More… |
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Oman's Bank Dhofar Q2 profit up 16pcBank Dhofar, Oman's second-largest bank by market value, saw quarterly net profit rise 16 per cent on Thursday but the results fell short of analysts forecasts. Second-quarter net profit rose to RO8.9 million ($23.12 million) from 7.7 mill More… |
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Bank Dhofar Q4 net risesBank Dhofar's fourth-quarter net profit rose more than four-fold, but fell short of analysts' expectations, according to a statement on the Muscat bourse's website on Thursday. Fourth-quarter net profit at Oman's second-big More… |
