Investor Relations

Delivering prosperity through consistent performance and strategic vision.

Notice and Invitation to Attend the Extraordinary General Meeting of Bank Dhofar SAOG

The email address is invalid

At BankDhofar, we strive to be 'the best bank for you' by making banking more convenient and easier than ever. With our commitment to excellence and growth, you can trust that we will be there to help you through all of your banking needs. Whether it's opening a new account, borrowing money, or transferring funds, we will do our best to make your banking experience as seamless and stress-free as possible. Let us be your reliable partner – BankDhofar: the best bank for you.

Financial Reports

Financial Year - 2022

Highlights

Net Interest Income

100,661

Net Income from Islamic Financing & Investment Activities

21,755

Non Interest Income

20,736

Operating Costs

69,683

Operating Profit

73,469

Profit From Operations

40,204

Net Profit For the Year

34,173

Total Assests

4,317,332

Net Loans, Advance & Financing

3,430,486

Customer Deposits

2,891,819

Total Equity

717,077

Share Capital

299,635

Financial Highlights of Last Five Years

	2022	2021	2020	2019	2018
(OMR’000)
NET INTEREST INCOME (CONVENTIONAL)	100,661	82,759	92,219	84,649	87,918
NET INCOME FROM ISLAMIC FINANCING AND INVESTMENT ACTIVITIES	21,755	19,664	15,421	10,182	9,509
NON INTEREST INCOME	20,736	24,023	22,353	35,133	34,426
OPERATING COSTS	69,683	72,340	65,079	71,474	65,456
OPERATING PROFIT (before Impairment losses)	73,469	54,106	64,914	58,490	66,397
PROFIT FROM OPERATIONS	40,204	29,455	35,923	36,092	59,743
NET PROFIT FOR THE YEAR	34,173	25,123	30,585	30,244	50,281

At year-end
TOTAL ASSETS	4,317,332	4,438,786	4,257,023	4,325,845	4,213,490
NET LOANS, ADVANCES AND FINANCING	3,430,486	3,346,223	3,265,488	3,063,350	3,158,844
CUSTOMER DEPOSITS	2,891,819	2,975,639	2,861,315	2,943,188	2,924,504
TOTAL EQUITY	717,077	698,519	695,864	686,155	698,162
SHARE CAPITAL	299,635	299,635	299,635	299,635	280,033
FULL SERVICE BRANCHES	69	64	67	71	71
ATMs / CDMs / FFMs/ MFKs	230	192	189	202	190
STAFF	1,509	1,481	1,522	1,586	1,600

Financial Ratios of Last Five Years

Financial Ratios of Last Five Years
	As at 31 December 2022	As at 31 December 2021	As at 31 December 2020	As at 31 December 2019	As at 31 December 2018

I. PROFITABILITY
Return on Weighted Average Total Equity (including AT1)	4.83%	3.60%	4.43%	4.37%	7.82%
Return on Weighted Average Shareholders Equity	6.19%	4.64%	5.71%	5.64%	9.92%
Return on Weighted Average Paid-up Capital	11.40%	8.38%	10.21%	10.43%	19.88%
Return on Average Assets	0.78%	0.58%	0.71%	0.71%	1.19%
Non-Interest Income to Operating Income	14.49%	19.00%	17.20%	16.09%	25.67%
Operating Expenses to Operating Income	48.68%	57.21%	50.06%	55.00%	50.50%

II. LIQUIDITY
Net Loans to Total Deposits	99.01%	97.37%	98.56%	89.22%	95.91%
Total Customer Deposits to Total Deposits	83.47%	86.59%	86.36%	85.72%	88.80%
Net Loan to Customers Deposits	118.63%	112.45%	114.13%	104.08%	107.33%

III. ASSET QUALITY RATIOS
Loan Loss Provisions to Total Loans	5.93%	4.77%	4.23%	3.72%	4.10%
Non-Performing Loans to Total Loans	5.87%	5.11%	4.53%	4.67%	3.68%
Non-Performing Loans Net of Interest Reserve to Total Loans	4.76%	4.26%	3.81%	3.91%	1.99%
Net Non-Performing Loans	2.00%	1.91%	1.81%	2.14%	0.73%
Loan Loss Provisions to Total Non-Performing Loans	100.98%	93.29%	93.35%	79.58%	111.38%

IV. CAPITAL ADEQUACY
Common Equity Tier 1 Ratio	12.91%	12.89%	12.45%	12.59%	11.88%
Tier 1 capital ratio	16.74%	16.75%	16.27%	16.40%	15.52%
Total Capital Adequacy Ratio	17.61%	17.74%	17.70%	17.86%	17.33%
Shareholder's Equity/ Total Assets	13.01%	12.23%	12.69%	12.27%	12.88%