Bank Muscat SAOG 2017 Annual Report
The report highlights Bank Muscat's financial and operational performance for the fiscal year 2017, marking 35 years of banking leadership in Oman. The bank achieved a net profit of RO 176.82 million and successfully implemented IFRS 9 standards ahead of the mandatory deadline. Key sustainability initiatives included the 'Imprints' CSR program, which focused on financial literacy, tourism investment, and green spaces, including the launch of a solar-powered Meethaq branch. Additionally, the bank maintained a strong commitment to national talent development, achieving a 94.57% Omanisation rate with women representing 48% of the total workforce.
Company: Bank Muscat SAOG
Sector: Finance & insurance
Country: Oman
Year: 2017
Type: Annual Report
Pages: 229
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Bank Muscat SAOG
Annual Report
The report highlights Bank Muscat's financial and operational performance for the fiscal year 2017, marking 35 years of banking leadership in Oman. The bank achieved a net profit of RO 176.82 million and successfully implemented IFRS 9 standards ahead of the mandatory deadline. Key sustainability initiatives included the 'Imprints' CSR program, which focused on financial literacy, tourism investment, and green spaces, including the launch of a solar-powered Meethaq branch. Additionally, the bank maintained a strong commitment to national talent development, achieving a 94.57% Omanisation rate with women representing 48% of the total workforce.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees