Mubasher: Al Izz Islamic Bank’s preliminary unaudited financial statements have shown a 46.7% decrease in losses in Q2-16.
The bank’s losses reached OMR 800,000 ($2.07 million) in during the quarter, compared to losses of OMR 1.5 million ($3.9 million) in the same period last year, as per the bank’s statement to the Muscat Securities Market (MSM) on Thursday.
