Mubasher: Al Izz Islamic Bank reported losses of OMR 4.23 million ($10.95 million) in the first nine months of 2015, down 4.5% from OMR 4.43 million ($11.47 million) in the same period of 2014, according to a bourse filing.

Total deposits skyrocketed 1506.6% to OMR 145.56 million during the period, up from OMR 9.06 million.

The Omani bank’s total assets jumped 127.2% to OMR 236.77 million as at 30 September 2015 from OMR 104.23 million as at 30 September 2014.