Bank Dhofar SAOG operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank Dhofar SAOG with three other
banks in Middle East:
Ahli Bank QPSC
of Qatar
(2019
sales of 2.13 billion Qatari Riyals [US$583.96 million]
of which 40%
was Corporate Banking, Treasury and Investme),
Bank of Bahrain and Kuwait BSC
of Bahrain
(243.30 million Bahranine Dinars [US$645.36 million]
of which 25%
was Investment & Treasury & Other), and
Ahli United Bank KSCP
which is
based in Kuwait
(192.40 million Kuwaiti Dinars [US$630.83 million]
of which 38%
was Retail and Commercial Banking).
Sales Analysis.
Bank Dhofar SAOG reported sales of 233.44 million Omani Rials (US$606.34 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 1.0%
versus 2018, when the company's sales were 235.75 million Omani Rials.
Contributing to the drop in overall sales was the 8.1% decline
in Retail Banking, from 87.38 million Omani Rials to 80.27 million Omani Rials.
There were also decreases in sales in
Corporate Banking (down 1.4% to 112.15 million Omani Rials)
.
However, these declines were partially offset by the increase in sales of
Treasury and Investment (up 24.4% to 36.86 million Omani Rials)
.