VOL. XXXV
NO. 45
10-AUGUST-1992
Financial and Banking News
Bank Results
Omani Bank Profitability Remains Low but Banks Remain Sound
Most of the locally-incorporated Omani banks increased their profits during1991, but profitability, as measured by returns on equity and assets, remainslow. Several banks are still having to assign a major proportion of theiroperating profits to provisions. Nevertheless, there are no real problem banks,and the system as a whole is closely and efficiently regulated by...
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