Bank Nizwa trims losses by 38% in FY15

Mubasher: Bank Nizwa reported losses after taxes of OMR 4.76 million ($12.33 million) in the fiscal year 2015, a plunge of 38% to OMR 7.7 million ($19.9 million) in the fiscal year 2014, according to a bourse filing.

Net operating income grew 58% to OMR 11.9 million in FY15 from OMR 7.5 million in FY14.

Mubasher Contribution Time: 17-Jan-2016 09:14 (GMT)