Higher deposits push up Bank Muscat’s 2025 profits

Oman’s Bank Muscat reported an increase in net profits of 13 percent in 2025, lifted by higher customer deposits and loans. 

The sultanate’s biggest financial institution said in a bourse disclosure that net profit last year was OR255.54 million ($662 million) compared with OR225.58 million ($584 million) in 2024. 

Total customer deposits rose 6.7 percent to OR10.43 billion while loans extended to customers increased by 5 percent to OR10.3 billion between the two periods. 

Operating expenses rose 6.5 percent year on year to OR223 million.

Bank Muscat has assets of more than OMR13 billion. It was formed in 1982 as a joint venture between the Omani government and HSBC and became a public company in 1993 following its merger with Bank Al Ahli Al Omani. 

The lender listed on the Muscat Securities Market in January 2007. Its share price of OR0.34 has risen by about a third in the last year.

Further reading:

• Bank Muscat closes its branch in Kuwait
• Personal loans lift Oman bank lending to $90bn
• Bank Muscat raises $750m from bonds in Ireland