BankDhofar Business and Financial Overview
Profitability and Performance
1
OMR million
Net Revenue Breakdown
5%
7%
7%
14%
11%
4%
11%
10%
12%
12%
10%
12%
14%
16%
7%
74%
71%
67%
71%
65%
2018
2019
2020
2021
■NII
Net income from Islamic financing
Net F&C
Other income
2
Non-funded income (OMR'000)
Non-Funded Income
2022
5
بنك ظفار
BankDhofar
Operating income has remained relatively stable in previous years. The
income has started improving in the year 2022 mainly due to higher yields &
lower COF as compared to previous years.
The consolidated net profit for the year ended 2022 recorded growth of 36% to
reach RO 34 million compared to RO 25 million for the financial year 2021.
Increase in net provisions as the Bank continues to prudently make provisions
to improve coverage ratios.
Net Profit and Annualised Return on Average Assets & Equity
OMR million
50
34
Dec-18
Dec-19
Dec-20
Dec-21
Dec-22
9.9%
Net fees & commission income
15,604 14,227 13,589
15,447
30
31
14,892
25
25
6.1%
Miscellaneous income
2,945
1,967
1,587
1,291
2,693
Total fees & commission
18,549
16,194 15,176
16,738
17,585
5.6%
5.7%
4.6%
FX & Investement income
4,549
4,712
7,177
7,285
3,151
1.2%
0.7%
0.7%
0.6%
0.8%
Total Non-funded income
23,098
20,906
22,353
24,023 20,736
2018
2019
2020
2021
2022
Net profit
ROASE
ROAA
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