Bank Dhofar Business Performance Update
Business Segments
بنك ظفار
Bank Dhofar
Retail Banking Group
Provides banking services to
over 290,000 customers as of
30th June 2022
➤ Network of 64 branches, 122
ATMs, 57 CCDMs, 22 FFMS as of
30th June 2022
➤ Wide range of services tailored to
retail customer needs, including
deposits, lending, education loans,
debit and credit cards, priority
banking, Hawa ladies banking,
Youth and Student Banking,
products and
savings
bancassurance
➤In addition to branch and ATM
expansion the Bank is actively
strengthening its retail customer
experience by strongly promoting
alternatives to the traditional branch
network including internet banking,
mobile banking, ATMs, CCDMs and
FFMs
Corporate Banking
Wholesale Banking Group
➤ Solid client base with banking
services provided to approximately
22,000 corporate customers as of 30th
June 2022
➤ The Corporate Banking department
provides
services and products
tailored to appeal to large corporate
customers and growing corporates in
Oman and includes project finance
and syndication for infrastructure
projects
The Bank's corporate customer base
is spread out across a wide range of
industries which include trading,
manufacturing,
contracting
services
and
Treasury & Investments
The Treasury & Investments
department manages the funding
and liquidity requirements of the
Bank. The department also manages
the interest rate risk, exchange rate
risk, market risk and liquidity risk to
which the Bank is exposed to
The operations of the Treasury &
Investments department are
arranged by the following desks:
Foreign Exchange and Derivatives
Sales, Money Market and Intrerbank
Desks
➤ The Bank trades in commodities for
its customers as
guidelines.
per the CBO
Islamic Banking (Maisarah)
In
2013, the Bank launched
Maisarah, under which offers retail,
corporate, treasury and investment
banking Shari'ah-compliant financial
services and products to its
customers
➤ All activities conducted by Maisarah
are independent and separate from
the Bank's conventional banking
operations. To date, the Bank has
established an Islamic finance
banking team at its head office and
has opened 10 dedicated Islamic
banking branches (which
exclusively available to its Islamic
banking customers)
are
Maisarah named Best Islamic Bank
in Oman in 2019 (by Middle East
Banking Awards, EMEA Finance)
Jun-22
USD mn
% of
Total
Jun-22
USD mn
% of
Total
Jun-22
USD mn
% of
Total
Jun-22
USD mn
% of
Total
Total Assets
2,919
25.7%
Total Assets
5,006
44.0%
Total Assets
1,663
14.6%
Total Assets
1,779
15.6%
Net Operating Income
57.56
31.7%
Net Operating Income
86.34
47.5%
Net Operating Income
11.25
6.2%
Net Operating Income
26.55
14.6%
Conversion Rate: 1.00 OMR = 2.5974 USD. Used the conversion rate across the years for ease of comparison
12View entire presentation