Wealth and Asset Management
HSBC Bank Oman reports profits up 31 per cent, names new chairman
In a statement to the Muscat Securities Market, HSBC Bank Oman reported net profit increased by 31 per cent to OMR 16.9 million due to higher operating income and lower operating expenses partly offset by higher loan impairment charges. Net operating income, before loan impairment charges, increased by 2.3 per…
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