BankDhofar Financial Performance and Strategic Outlook
Bank Dhofar's Historic Evolvement
Source: Bank Dhofar
* Central Bank of Oman
BANK DHOFAR HAS BEEN PROUDLY SERVING OMANI CUSTOMERS SINCE 1990
Bank purchases the
assets and liabilities of
BCCI (Bank of Credit and
Commerce International)
from the CBO*
Bank's 10th
anniversary and
opening of a new
head office building
Bank Dhofar al Omani al
Fransi and Majan
International Bank merger
Change of name to "Bank
Dhofar"
1990-91
1992
1999
Islamic banking
window,
MAISARAH,
launched
Bank Dhofar
becomes the 2nd
largest bank in
Oman in terms of
total assets
USD 300m Tier 1
Bond successfully
issued
Bank repaid
subordinated debt of
USD 75m
2003
2013
2014
2015
2000
2002
2012
Operations start as "Bank
Dhofar al Omani al Fransi"
Bank acquires assets and
liabilities of Banque Paribas in
Oman
Bank acquires 16
Listing on the
Muscat Stock
Exchange
branches from
Commercial Bank of
Oman
2020
2016
2018
2021
Bank hires Boston
Consulting Group
("BCG") to align its
strategy with a 5 year
business plan
Bank launched its
Transformation Journey,
"Together 2020", to
consolidate its leading
position in Oman
Set-up of the "Digital
Banking &
Information" internal division to
support the bank's effort in
digital transformation
Best Business and
Corporate Bank -
Oman" by Word
Economic Magazine
OMR 40m Tier 1 Bond
successfully issued
5
بنك ظفار
BankDhofar
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