Bank Sohar operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank Sohar with three other
companies in this sector in Oman:
sales of 101.96 million Omani Rials [US$264.82 million]
of which 39%
was Corporate Banking, Treasury and Investme),
National Bank Of Oman Limited
(189.59 million Omani Rials [US$492.45 million]
of which 30%
was Retail Banking), and
Hsbc Bank Oman Saog
(87.24 million Omani Rials [US$226.60 million]
of which 41%
was Retail Banking and Wealth Management).
Bank Sohar reported sales of 137.85 million Omani Rials (US$358.05 million)
December of 2017.
increase of 23.1%
versus 2016, when the company's sales were 111.96 million Omani Rials.
Sales at Bank Sohar have increased during each of the previous five years
(and since 2012, sales have increased a total of 67%).
Sales of Treasury saw an increase
that was more than double the company's growth rate: sales were up
75.8% in 2017, from
4.46 million Omani Rials to 7.84 million Omani Rials.
Bank Sohar also saw significant increases in sales in
Islamic (up 39.5% to 4.55 million Omani Rials)
Not all segments of Bank Sohar experienced an increase in sales in 2017:
sales of Retail Banking fell 1.5% to 22.02 million Omani Rials.