Staff Writer
National Bank of Oman (NBO) posted a 14.9% YoY increase in preliminary net profit to OMR 39.1 million ($10.4 million) for the first six months of 2026.
Net interest income and income from Islamic financing rose 11.6% to OMR59.55 million.
As of June 30, 2026, total assets stood at OMR6.22 billion, up 13.1%. Net loans and advances, including Islamic financing assets, increased 9.2% to OMR4.44 billion, while customer deposits rose 9.3% to OMR4.59 billion.
The bank recorded net impairment charges of OMR9.81 million, up 38.2%.
(Writing by Ahmad Mousa; editing by Daniel Luiz)
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