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Preliminary Unaudited Financial Results Ended 30 September 2015

Preliminary Unaudited Financial Results Ended 30 September 2015
Bank Nizwa
BKNZ
-1.98% 0.10 -0.00

In compliance with the rules and guidelines on Disclosure issued by the Capital Market Authority vide their administrative decision No. 5/2014 dated 29th May 2014, Bank Nizwa wishes to announce its       un-audited financial results ended 30 September 2015.

                            (Amounts in OMR 000’s)

 

30 September 2015

30 September 2014

% Growth

Total Assets

316,426

256,549

23%

Financing to   Customers

240,763

100,791

138%

Customer   Deposits

170,581

69,376

146%

Total   Shareholders’ Equity

127,783

133,752

(4)%

Operating   Income

8,280

5,354

55%

Operating   Expense

(11,545)

(11,048)

(4)%

Operating (loss)   before provision and tax

(3,265)

(5,695)

43%

(Loss) after   provisions, before tax

(4,436)

(6,764)

34%

Net (Loss)   after tax

(4,228)

(5,955)

29%

 

Please note that the above results are:

  1. Un-audited
  2. Subject to Board of      Directors approval.