Thursday 18 October 2012

UPDATE 1-National Bank of Oman Q3 profit up 3.9 pct, tops forecasts | Reuters

National Bank of Oman, the sultanate's fourth-largest lender by market value, slightly exceeded analysts' expectations as it posted a 3.9-percent rise in third-quarter net profit.

The lender made a net profit of 10.6 million rials ($27.5 million) in the three months to September 30, according to Reuters calculations, compared with 10.2 million rials in the same period in 2011.

Analysts polled by Reuters had estimated an average third- quarter profit of 10.4 million rials.

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