NBO posts net profit of OMR18.1 million in 2020 By: Times News Service Muscat: National Bank of Oman (NBO) held its Annual General Meeting this week. Conducted remotely, the meeting was attended by board members, senior management and shareholders, and included the declaration of OMR 422,000 to be allocated for community support services over the coming year, in addition to last year’s financial ;;. In 2020, NBO achieved a net profit of OMR18.1 million, a satisfactory yield given the lower-income and higher loan impairment charge, mainly arising out of the COVID-19 pandemic. During the meet...