Oman’s largest bank – Bank Muscat – reported an increase in net profits of 13% in 2025 citing higher customer deposits and loans.
The development comes as the sultanate’s largest bank cited net profits of OR255.54M ($662M) in 2025 compared to OR225.58M ($584M) in 2024.
Total customer deposits rose 6.7%, while loans extended to customers increased by 5%.
Bank Muscat was formed in 1982 as a joint venture between HSBC and the Omani government. The bank completed an IPO on the Muscat Securities Market in January 2007.
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