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Bank Muscat's 2021 net profit rises 16.1% to RO 189.63m - Vimarsana News

Bank Muscat's 2021 net profit rises 16.1% to RO 189.63m

Bank Muscat has posted a net profit of RO 189.63 million for the year ended December 31, 2021, compared to RO 163.36 million reported during the same period in 2020, an increase of 16.1 per cent, mainly due to higher operating income and lower impairment charges.Announcing its preliminary unaudited results for the year, the nation’s biggest lender reported...