Alliance Housing Bank (AHB), incorporated in May 1997, is Oman's first private housing bank. Investors led by Mohamed Habib floated 40 per cent in 1997. The bank opened in May 1998. It aims to take mortgage market share from the state Oman Housing Bank.

Profits fell 37 per cent in 1999 due to lower net interest income. In February 2000, Laurie Cowell, a former Abbey National executive, joined AHB from National Commercial Bank of Saudi Arabia as general manager.

Individuals	N/A
Institutions	N/A
Floating	N/A
Government	N/A

	2004	2003	2002
Total Assets	124,892	88,661	58,175
Shareholder's Equity	27,495	25,663	24,289
NIAT	3,560	2,633	1,767
Dividends	1,680	1,260	945

	2004	2003	2002
Assets Growth	40.87%	52.40%	48.14%
Earning Growth	35.19%	49.03%	56.49%
ROaA	3.33%	3.59%	3.63%
ROaE	13.40%	10.54%	7.40%
No. Of Shares	21,000,000	21,000,000	21,000,000
EPS	0.17	0.13	0.08
EPS Growth	35.19%	49.03%	56.49%
Payout Ratio	47.189	47.847	53.48

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

The information is this section is provided by SHUAA Capital PSC. The information contained in this section is not intended to be an offer, a recommendation, or a solicitation to buy or sell securities or investment products.

The information and opinions contained in this section have been compiled from, or arrived at in good faith, from sources believed to be reliable but no guarantee or warranty is made by SHUAA Capital or AME Info as to the accuracy or completeness of the information contained herein.

All opinions expressed herein are subject to change without notice.

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC.

© SHUAA Capital PSC. All rights reserved.