Bank Muscat operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank Muscat with three other
banks in Middle East:
Union National Bank
of United Arab Emirates
sales of 4.74 billion Arab Emirates Dirhams [US$1.29 billion]
Arab Banking Corporation BSC
(517.51 million Bahranine Dinars [US$1.37 billion]
of which 19%
was ABC Brasil), and
Qatar Islamic Bank
based in Qatar
(4.37 billion Qatari Riyals [US$1.20 billion]
of which 41%
was Wholesale Banking).
Bank Muscat reported sales of 505.58 million Omani Rials (US$1.31 billion)
December of 2015.
increase of 4.4%
versus 2014, when the company's sales were 484.43 million Omani Rials.
Despite this increase, sales are still
below the level achieved in 2013, when Bank Muscat
reported sales of 1.55 billion Omani Rials.
Sales of Corporate Banking saw an increase
that was more than double the company's growth rate: sales were up
20.4% in 2015, from
94.93 million Omani Rials to 114.25 million Omani Rials.
Bank Muscat also saw significant increases in sales in
Consumer Banking (up 7.5% to 178.60 million Omani Rials)
Isamic Banking (up 11.4% to 20.14 million Omani Rials)
Not all segments of Bank Muscat experienced an increase in sales in 2015:
sales of International Banking fell 22.4% to 18.29 million Omani Rials.
(However, this segment's sales were only a very small portion of the company's overall sales).
Bank Muscat also experienced decreases in sales in
Whole Sale Banking (down 4.9% to 76.45 million Omani Rials)