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Ahlibank posts 19% rise in net income
- Oman: Monday, January 28 - 2013 at 05:16
Oman's Ahlibank has reported a 19% increase in its net profit for 2012 to OR21.7m from OR18.2m a year earlier, Times of Oman has reported. Customer deposits grew by 10%, while loans climbed 21%, the lender said. Net operating income has increased by 20% to OR42.04m and operating expenses, excluding loan impairment net of recoveries, reached OR13.2m, it said.
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