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Article: Ahli Bank Net Profit for Q2 2009 is higher by 42.5 per cent compare to Q1 2009.(Financial report)
- Article from:
- CPI Financial
- Article date:
- July 30, 2009
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Byline: news@cpifinancial.net (Staff Writer)
Ahli Bank SAOG, one of the fastest developing bank in the Sultanate announced its un-audited results for the six months ended June 30, 2009.
The net operating income grew by 14 per cent to OMR 7.76 Million in the first half of 2009 compared to OMR 6.78 Million for the same period in year 2008. Operating Expenses have increased by 30 per cent to OMR 3.78 Million because of the continued investment in human resources, IT developments, branch and ATM network expansion. This has resulted in a net profit of OMR 3.42 Million, which is marginally lower compare to the same period of 2008. The net profit for second ...