Sunday 20 January 2013

UPDATE 1-National Bank of Oman Q4 profit jumps 48 pct | Reuters

National Bank of Oman, the sultanate's fourth-largest lender by market capitalisation, posted a 47.8-percent rise jump in fourth-quarter net profit on Sunday, beating analysts' expectations.

The lender made a net profit of 10.2 million rials ($26.5 million) in the final three months of 2012, according to Reuters calculations based on previous financial statements, up from 6.9 million rials in the same period in 2011.

Four analysts polled by Reuters had estimated an average fourth-quarter profit of 8.7 million rials.
UPDATE 1-National Bank of Oman Q4 profit jumps 48 pct | Reuters

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