BankDhofar Financial Performance and Strategic Outlook
Overall Financial Performance
(for the period ended September 2022)
1
Balance Sheet
OMR million
3
Key Ratios
Dec-21
Sep-22
Change
Dec-20
Dec-21
Sep-22
Net Loans, advances, and financing to
Total Capital Adequacy
17.70%
17.74%
17.55%
3,346
3,318
-1%
customers
CET1
12.45%
12.89%
12.83%
Investment securities
438
508
16%
Non-Performing Loan Ratio
4.53%
5.11%
5.74%
ROSHE
5.71%
4.64%
6.37%
Total Assets
4,439
4,382
-1%
ROA
0.71%
0.58%
0.79%
Customers' Deposit
2,976
2,906
-2%
Net Interest Margin
2.35%
2.01%
2.51%
Total Equity
699
709
1%
Cost to Income Ratio
50.06%
57.21%
47.96%
Total liabilities and equity
4,439
4,382
-1%
Net loan to customers Deposits
114.13%
112.45%
114.16%
Income Statement
2
4
OMR million
Dec-21
Sep-22
Change
Operating Income
126
107
-16%
Operating Expenses
Profit before Impairment & Tax Charges
(72)
(51)
-29%
54
54
55
3%
Impairments
(25)
(25)
0%
Income Tax
(4)
(5)
7%
Net Profit
25
26
4%
5
بنك ظفار
BankDhofar
Highlights
Second largest listed bank in Oman by total assets of OMR 4.38
billion and 1,508 employees as of Q3 2022.
Market share in Oman Assets (12%) Loans (12%) Deposits (11%)
Strong capital position with CAR at 17.55% and CET1 at 12.83% as
of Q3 2022, which are well above the minimum regulatory requirements
(12.25% and 8.25% respectively)
Bank's Operating profits increased from RO 47.37m [Sep-21] to RO
55.50m [Sep-22] an increase of 17.17%
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