Ahlibank net proft at 19.8 m rials

16/10/2017 11:32 AST

Ahli Bank has clocked a net profit of 19.8 million rials at the end of nine months this year as against 21 million rials in 2016.

Net loans and advances of the lender went up by 6.2 per cent to 1.65 billion rials for the nine months ended September 2017 from 1.56 billion rials in the corresponding period last year.

Deposits of the bank registered a 17.3 per cent incrase to reach 1.45 billion rials during the period from 1.24 billion rials in the same period last year, the bank said in its filing on Muscat Securities Market.

The bank equity also went up by 5.7 per cent to 248.1 million rials, the bank said in the filing.

Operating income of the lender was marginally up to 40 million rials for the September quarter from 39.4 million rials and operating expenses stood at 14.2 million rials, up from 14.3 million rials in the corresponding period last year, the bank said.


Oman Tribune

News

Ahlibank posts 38.5pc rise in Q2 profit

30/07/2017

Ahlibank recently announced its financial results for the second quarter ending June 30, 2017. The results are based on the condensed interim financial statements, which have been reviewed by the ban

Oman Daily Observer

Ahlibank ranked ‘No 1 in Oman’ in mid-size banks category

07/05/2017

Ahlibank has been ranked the ‘No 1 Bank in Oman’ in the mid-size banks category in the recent ‘OER-GBCM Best Bank’s in Oman’ survey 2017. The survey by Oman Economic Review (OER) — Gulf Baader Capita

Oman Daily Observer

Ahlibank shareholders approve issuance of 50m perpetual bonds

30/04/2017

Ahlibank shareholders last week approved the issuance of 50 million perpetual bonds (additional tier 1 capital instruments), through rights issues at its Extraordinary General Meeting (EGM).

Times of Oman

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941
TAHSSILAT 25.00 4,010

Valuation

ABOB Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
BKMB 0.38 0.00 (0.52%)
BKDB 0.20 0.00 (0.00%)
NBOB 0.19 0.00 (0.00%)
OMVS 0.36 0.00 (0.00%)
BKSB 0.14 0.00 (1.41%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap