Bank Muscat appoints deputy chairman, approves financial results for first quarter of 2020 – Times of Oman

Bank Muscat appoints deputy chairman, approves financial results for first quarter of 2020 – Times of Oman

Bank Muscat appoints deputy chairman, approves financial results for first quarter of 2020. Muscat: The Board of Directors of Bank Muscat has approved the appointment of Sheikh Ahmed bin Hamed bin Hilal Al Saadi as Deputy Chairman.. The board also approved the unaudited results of the bank for the three months ended March 31, 2020, at its meeting chaired by Sheikh Khalid bin Mustahail Al Mashani, chairman, on Tuesday, April 28, 2020.The bank posted a net profit of OMR33.25 million for the period compared to OMR45.80 million reported during the same period in 2019, a decrease of 27.4 per cent..