Monday 28, April 2014 by Robin AmlĂ´t

HSBC Bank Oman Q1 net profit down 45.6 per cent

HSBC Bank Oman reports net profit was down by 45.6 per cent to OMR 3.1 million compared to OMR 5.7 million for the same period in 2013, which had benefitted from large recoveries, release of a portion of the general provision and earnings from one-off fees.

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