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Ahli Bank posts 44% net profit increase

Oman's Ahli Bank has reported a 44% rise in its 2009 after tax net profits to OR8.54m. Net operating income has increased year over year by over 26% to OR17.90m and the operating expenses have also increased by over 3% to OR7.92m. The end-of-year results are subject to approval by the Sultanate's central bank, the lender said.

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