Oman’s Bank Sohar reports net profits of OMR 396,000 for the period to end-September 2015 on Islamic banking, against losses of OMR 238,000 for the period to end-September 2014. AT the same time the bank showed a 12.89 per cent decline in net profit on conventional banking to OMR 20.896 million. Overall net profit was down 10.35 per cent at OMR 21.292 million.
(C P I Financial / 12 October 2015)---
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