Bank Dhofar Corporate Overview
Business Segments
بنك ظفار
Bank Dhofar
Retail and Wholesale Banking represents the Bank's largest business segments, collectively contributing to 84% of the total assets and 82% of the
operating income (as at 31st December 2018).
Retail Banking (Consolidated)
► Provides banking services to over
290,000 customers as of 31-Dec-18.
►Network of 71 branches, 121 ATM,
55 CCDMs, 14 FFMs units as at 31st
December 2018.
► Services offered include deposits,
lending, debit and credit cards,
priority banking, Hawa ladies
banking and bancassurance.
Wholesale Banking (Consolidated)
Provides banking services to over
17,000 corporate and SME
customers.
► Wholesale
Banking departments
consist of corporate banking,
business banking, Government
banking, Treasury & Financial
Institutions, payments and cash
management services, corporate
advisory and investment banking,
projects & MIS department and
trade finance (with one corporate
centre).
Services offered include syndicated
loans, structured finance, trade
finance, working capital finance and
term loans.
Treasury and FI (Consolidated)
▸ Manages the funding and liquidity
requirements.
►Network of over 200 correspondent
banks.
► Services include treasury and
foreign exchange and interest rate
hedging instruments.
Islamic Banking*
Maisarah offers retail, corporate and
treasury Shari'ah-compliant financial
services and products, through a
network of 10 branches.
▸ Deposits as at 31st December 2018
were USD 918MN (USD 979 mn:
31st December 2017)
► Gross financing to customers was
USD 1,043mn as at 31st December
2018 (USD 1,008mn: 31st December
2017).
December-2018
USD mn
% of
Total
December-2018
USD mn
% of
Total
December-2018
USD mn
% of
Total
Total Assets
3,603
33%
Total Assets
5,217
48%
Total Assets
2,124
19%
Net Operating
135.48
39%
Income
Net Operating
Income
149.28
43%
Net Operating
Income
63.61
18%
Net Profit
26.49
20%
Net Profit
62.64
48%
Net Profit
41.47
32%
Government Banking *
▸ Dedicated division to customers in the
government sector, which includes
Government as well as quasi-government
entities.
► Services offered include deposits, loans,
credits and foreign currency exchange.
*For financial reporting purposes, the Bank's business activities are classified within the following operating segments: Retail Banking, Wholesale Banking and Treasury and International Banking (consolidating both Conventional
and Islamic Banking figures)
Source: BankDhofar's Annual & Quarterly Reports
20
20View entire presentation