Ahli Bank announced its unaudited interim financial results to the Muscat Securities Market (MSM) for the fiscal year (FY) ending December 31, 2014, reporting a profit rise by 9% to OMR 25.1 million ($65 million), compared to OMR 23 million ($59.5 million) during the same period of 2013.

Moreover, the Bank’s total assets rose 23% to OMR 1.6 million during the period compared to OMR 1.3 million.

During the same period, shareholders’ equity rose 8% to OMR 200 million compared to OMR 185 million.  The operational revenues and the operational expenses grew 11% and 12% respectively.

Unaudited interim financial results for the Oman-listed bank showed a rise in the net profit after taxes by 6% to OMR 19.1 million during the nine-month period ending September 30, 2014 compared to OMR 18 million during the same period of 2013.

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