Bank Muscat, Oman's largest bank by assets, reported a net profit of RO 58.56 million for the first quarter of 2025, up 8.0% from the RO 54.24 million recorded in Q1 2024. The announcement was made ahead of the full set of financial statements, which remain subject to board approval before formal publication.
LOANS AND DEPOSITS
Bank Muscat said in its announcement that net loans and advances, including Islamic financing receivables, rose 6.9% year-on-year to RO 10.54 billion, while customer deposits increased 2.6% to about RO 10 billion and total assets reached RO 14.34 billion.
REPORTING TIMELINE AND FINANCIAL DISCLOSURE
The full set of quarterly accounts — covering the income statement, balance sheet, notes on asset quality, capital ratios, liquidity metrics, and segment-level performance — will be published once the board of directors has approved them at a meeting scheduled later in April.