Investor Presentation September 2023
Overall Financial Performance
(September 2023)
بنك ظــفـــار
Bank Dhofar
01
Balance Sheet
03
Key Ratios
OMR million
Dec-22
Sep-23
Change
Dec-22
Jun-23
Sep-23
Net Loans, advances, and financing to customers
3,430
3,567
4.0%
Total Capital Adequacy
17.61%
19.02%
18.81%
Cash and balances with Central Bank of Oman
CET1
177
144
-18.2%
12.91%
14.14%
13.97%
Non-Performing Loan Ratio
5.87%
5.86%
5.73%
Investment securities
469
449
-4.3%
ROSHE
6.19%
6.72%
7.42%
Total Assets
4,317
4,546
5.3%
ROE (including AT1)
4.83%
5.24%
5.80%
Customers' Deposit
2,892
3,051
5.5%
ROA
0.78%
0.83%
0.94%
Due to banks
573
615
7.3%
Net Interest Margin
2.51%
2.24%
2.17%
Total Equity
717
727
1.4%
Cost to Income Ratio
48.68%
45.51%
46.20%
Total liabilities and equity
4,317
4,546
5.3%
Net loan to customers Deposits
118.63%
111.31%
116.92%
Income Statement
Highlights
Change
04
02
OMR million
Sep-22
Sep-23
Operating Income
107
109 2.0%
Operating Expenses
(51)
(50)
-1.8%
Profit before Impairment & Tax Charges
55
59 5.4%
Impairments
(25)
(22) -11.1%
Income Tax
(5)
(5) 18.1%
Net Profit
26
31
18.9%
One of the leading listed bank in Oman by total assets of OMR 4.55
billion and 1,677 employees as of Q3 2023.
Market share in Oman Assets (13%) Loans (13%) Deposits (12%)
Strong capital position with CAR at 18.8% and CET1 at 13.9% as of
September 2023, which are well above the minimum regulatory
requirements (12.25% and 8.25% respectively)
Bank's Operating profits increased from RO 55.5m [September-22] to
RO 58.5m [September-23] an increase of 5.4%View entire presentation