Bank Dhofar Capital Adequacy & Dividend History
Bank Dhofar Key Credit Strengths
1. Leading Franchise in Oman
>> 2nd largest listed bank in Oman by total assets, loans, and market capitalisation
Diversified product offering with a well-established retail banking franchise
» Strong corporate banking platform supporting the Government of Oman and Oman GRES
Award winning and one of the fastest growing Islamic banking windows in Oman
6. Experienced & Seasoned Management
Experienced and dedicated management team with many
years of regional and global experience with leading
financial institutions in both conventional banking and
Islamic finance
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5. Diversified & Smart Distribution Channels
Strong distribution network with an optimal coverage of the
Oman territory (64 branches, 122 ATMs, 57 CCDMS1, 22
FFMs² as of 30th June 2022)
Continuous branches modernisation with introduction of
multi-function kiosk machine for convenient banking 24/7
>> Market-edge internet banking and mobile banking in Oman
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بنك ظفار
BankDhofar
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2
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بنك ظفار
Bank Dhofar
2. Government Ownership
The Government Related Entities owns c.25% of Bank
Dhofar
» High probability of support from the government, required,
given Bank Dhofar's systemic importance for the country
3. Stable & Growing Operating Environment
Stable banking sector
Prudent regulatory environment
Stable political system in the Oman with excellent diplomatic
relationship in the region
Positioned to benefit from growth in Oman with economic
diversification focus, favorable population demographics
and clear policy measures.
1. Cash and Cheque Deposit Machines ("CCDMS")
2. Full Function Machines ("FFMs")
3. Including capital conservation buffers
4. Solid & Robust Capitalisation
» Strong capital position with CAR at 17.15% and CET1 at 12.59% as of June 2022, which are well above the
minimum regulatory requirements (12.25% and 8.25% respectively)
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The Bank has been consistently paying dividends over the past 15 years
>>> Strong shareholder base which has consistently supported the bank's capital position
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