Wednesday 23 July 2014
 
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BankMuscat

Bank Muscat Q2 profit jumps 22pc

Bank Muscat, Oman's largest lender, posted a 22.3 percent increase in its second-quarter net profit on Thursday, beating analysts' estimates as it booked a one-off gain from the merger of its Bahraini affiliate. The bank m

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Bank Muscat Q4 profit rises 42pc

Bank Muscat, Oman's largest lender, posted a 42 percent increase in its fourth-quarter net profit on Wednesday, largely in-line with analysts' estimates, after insurers agreed to indemnify the bank's losses in a pre-paid card fraud c

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BankMuscat names CEO of Kuwait branch

BankMuscat, a leading financial institution in Oman, has made appointed Osamah al Abdullatif as chief executive officer (CEO) of Kuwait branch. Osamah Al Abdullatif is a senior banker and brings a wealth of experience to the role. Prior to

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BankMuscat picks Avaya solutions

BankMuscat, a leading bank in Oman, said it has successfully deployed Avaya's unified communications solution to enhance customer service and boost productivity. BankMuscat said it also plans to extend its Avaya unified communications

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BankMuscat picks Avaya solutions

BankMuscat, a leading bank in Oman, said it has successfully deployed Avaya's unified communications solution to enhance customer service and boost productivity. BankMuscat said it also plans to extend its Avaya unified communications

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BankMuscat to offer Yuan payments

BankMuscat, a leading financial services provider in Oman, said it has signed a strategic pact with Bank of China to offer payments in Chinese currency Yuan. With this tieup, BankMuscat becomes the first Omani bank to enable payments in th

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BMI Bank Q1 profit rises 73pc

BMI Bank, the Bahrain-based associate of BankMuscat - the largest financial services provider in Oman, posed a net profit of $2.4 million (BD0.9 million) for the first quarter of this year. That was an increase of 73 per cent over the same

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BankMuscat turns adviser for Oswal project

BankMuscat has signed a strategic agreement with Oswal Group Global to act as the exclusive financial adviser for its $350-400 million caustic soda project in Salalah Free Zone, said a report. The feasibility study on the project and techn

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BMI net rises 8pc to $2.49m in Q3

Bahrain based BMI Bank (BMI), an associate of BankMuscat, has reported a net profit of BD0.94 million ($2.49 million) for the third quarter, an increase of 8 per cent against  BD0.87 million ($2.31 million) in the same period last year.

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BMI Bank posts $1.4m net profit in Q1

Bahrain-based BMI Bank, an associate of BankMuscat, posted a net profit of $1.4 million for the first quarter. While that is well down on last year's first-quarter profit of $4.2 million, chief executive officer Andrew Bainbridge is co

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