Bank Dhofar Business Performance Update
Profitability and Performance
USD million
Net Revenue Breakdown
342
338
338
328
182
5%
7%
7%
4%
14%
11%
12%
10%
12%
12%
10%
12%
15%
16%
7%
74%
71%
67%
69%
65%
USD million
2018
2019
2020
2021
Q2 2022
■NII
Net income from Islamic financing
Net F&C
Other income
Q2 2021
Non-Funded Income
بنك ظفار
Bank Dhofar
Operating income has remain relatively stable in previous years. The income
has started improving in the first half of the year 2022 mainly due to lower
COF as compared to previous years.
Decline in net profit in first half of 2022 as compared to same period last year
is mainly due to increase in net provisions as the Bank continues to de-risk its
balance sheet and improve coverage ratios.
Evolution of ROAE should be looked at in conjunction with the improvement
of the Bank's CET1 - resulting in a higher capital base
ulting in a higher
USD million
Q2 2022
131
Net Profit and Annualised Return on Average Assets &
Shareholders Equity
6.1%
43
4.6%
4.7%
9.9%
79
79
34.09 mn
28.64 mn
65
7.8%
5.7%
15.7%
5.6%
4.4%
4.4%
1.2%
3.6%
0.7%
0.7%
0.6%
0.8%
Net F&C Other Income
Net F&C Other Income
2018
2019
2020
2021
Q2 2022
Net profit
ROAE
ROASE
ROAA
21
24View entire presentation