BankDhofar Business and Financial Overview
Overall Financial Performance
(for the period ended December 2022)
1
Balance Sheet
OMR million
3
Key Ratios
5
بنك ظفار
BankDhofar
Dec-20
Dec-21
Dec-22
Dec-21
Dec-22 Change
Total Capital Adequacy
17.70%
17.74%
17.61%
Net Loans, advances, and financing to customers
3,346
3,430 3%
CET1
12.45%
12.89%
12.91%
Investment securities
Non-Performing Loan Ratio
4.53%
5.11%
5.87%
446
469 5%
ROSHE
5.71%
4.64%
6.19%
Total Assets
4,439
4,317
-3%
ROE (including AT1)
4.43%
3.60%
4.83%
Customers' Deposit
2,976
2,892
-3%
ROA
0.71%
0.58%
0.78%
Net Interest Margin
2.35%
2.01%
2.51%
Total Equity
699
717
3%
Cost to Income Ratio
50.06%
57.21%
48.68%
Total liabilities and equity
4,439
4,317
-3%
Net loan to customers Deposits
114.13%
112.45% 118.63%
Income Statement
2
4
OMR million
Dec-21
Dec-22 Change
Operating Income
126
143 13%
Operating Expenses
(72)
(70)
-4%
Profit before Impairment & Tax Charges
54
73
36%
Impairments
(25)
(33) 35%
Income Tax
(4)
(6) 39%
Net Profit
25
34
36%
Highlights
Second largest listed bank in Oman by total assets of OMR 4.32 billion and
1,509 employees as of Q4 2022.
Market share in Oman Assets (12%) Loans (12%) Deposits (11%)
Strong capital position with CAR at 17.61% and CET1 at 12.91% as of
December 2022, which are well above the minimum regulatory requirements
(12.25% and 8.25% respectively)
Bank's Operating profits increased from RO 54.11m [Dec-21] to RO 73.47m
[Dec-22] an increase of 35.79%
15View entire presentation