NO. 46


Financial and Banking News

Regional Banking

Individual Performances

Bank Muscat Al-Ahli Al-Omani, the largest bank in the Sultanate in terms ofassets and the result of the merger of the old Bank of Muscat and Bank Al-AhliAl-Omani, enjoyed a bumper 1994: profits grew by 59% to just over OR5mn on theback of a 16% increase in the loan portfolio. Commercial lending continues toprovide Bank Muscat with its staple income, but the bank has moved intoinvestment banking...