Alizz Islamic Bank
BKIZ
BKIZ
alizz islamic bank SAOG announces its initial unaudited results for the year ended 31 December 2015 as follows:
|
|
For the year ended 31 December 2015 |
For the year ended 31 December 2014 |
Change % |
|
| Financing receivables |
199,442,214 |
69,997,585 |
184.93% |
|
| Total assets |
252,728,202 |
119,618,657 |
111.28% |
|
| Total deposits |
161,382,419 |
15,355,583 |
950.97% |
|
| Shareholders’ equity |
85,935,698 |
91,374,473 |
-5.95% |
|
| Net operating income |
5,995,002 |
1,932,407 |
210.23% |
|
| Operating expenses |
(10,644,332) |
(7,699,782) |
-38.24% |
|
| Loss from operations before provisions and tax |
(4,649,330) |
(5,767,375) |
19.39% |
|
| Net loss after provisions and tax |
(5,356,384) |
(5,499,477) |
2.60% |
These financial statements are un-audited, subject to approval of the Board of Directors of the Bank, Central Bank of Oman and Shareholders.
Source:
Muscat Exchange News
