The net profit of Oman International Bank (OIB) fell 22.06 per cent to RO9.22 million for the first half of 2010, from RO11.83 million posted by the bank for the same period last year. The net profit announced by the bank is well below analysts’ average
Second-quarter net profit at Oman International Bank, the sultanate's fourth-largest bank by market value, fell 36 per cent, missing analysts expectations. The bank made a second-quarter net profit of RO3.5 million ($9.09 million), Reuters calculated