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Ahli Bank profits rise 10% in FY15

Ahli Bank profits rise 10% in FY15
Ahli Bank-Photo Archive
Ahli Bank
ABOB
-1.32% 0.15 -0.00

Mubasher: Ahli Bank announced its unaudited financials for the fiscal year ended 31 December 2015, reporting a net profit rise of 10% to OMR 27.7 million from OMR 25.1 million in the fiscal year 2014, according to a bourse filing on Thursday.

Operating income stood at OMR 56 million in 2015, compared to OMR 51.6 million in 2014.

During the first nine months of 2015, profits rose to OMR 21.8 million ($56.43 million) from OMR 19.1 million ($49.45 million) in the same period of 2014.