BankDhofar Financial Performance and Strategic Outlook
Business Segments
بنك ظفار
BankDhofar
Retail Banking Group
Provides banking services to over
301,000 individual customers as of
30th September 2022
➤ Network of 64 branches (including 10
Islamic branches), 122 ATMs, 57
CCDMS1, 23 FFMs2 and 3 MFKs³ as of
30th September 2022
➤ Wide range of products and services
tailored to retail customers needs,
including deposits, lending, education
loans, debit and credit cards, priority
banking, Hawa ladies banking, Youth
and Student Banking, savings products
and 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
NOSTEND
Wholesale Banking Group
Corporate Banking
Solid client base with
corporate banking products
and services provided to
approximately 22,000
corporate/SME customers
as of 30th September 2022
The Corporate Banking
department provides
services and products
tailored to attract 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,
services and contracting
Treasury & Financial Institutions
(FI)
➤ The Treasury & FI 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
& FI department are arranged
by the following desks: Foreign
Exchange and Derivatives
Sales, Money Market and
Intrerbank..
The Bank is also engaged in
commodity trading for its
customers as per the CBO
guidelines.
Government and Investment Banking
In
Government Banking (GB)
Department is one of the key
business units within the Bank,
mainly focused on mobilization of
deposits (liability products) from
both Government and Quasi
Government institutions.
The Bank is strengthening its
investment banking activities and
recently established a propriety
investment department.
The horizon of services will be also
expended to provide assets
management, private banking and
corporate advisory services.
Islamic Banking (Maisarah)
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 are
exclusively available to its Islamic
banking customers)
Maisarah named Best Islamic Bank
in Oman in 2019 (by Middle East
Banking Awards, EMEA Finance)
Sep-22 - Retail
OMR mn
% of
Total
Sep-22-Corporate
OMR mn
% of Total
Sep-22-Treasury & FI
OMR mn
% of
Total
Sep-22-Maisarah
OMR mn
% of
Total
Total Assets
1,141
26%
Total Assets
1,964
45%
Total Assets
596
14%
Total Assets
680
15%
Operating Income
31.279 29%
Operating Income
51.812
49%
Operating Income
7.485
7%
Operating Income
16.058
15%
13View entire presentation