National Bank of Oman's full-year net profit fell 42.5 per cent to RO26.11 million ($67.82 million) from RO45.38 million in 2008, according to a filing on the Muscat stock exchange on Sunday.

National Bank of Oman, the sultanate's third-largest lender by market value, posted a six-per cent drop in customers' deposits and a 2.5-per cent decline in loans for the full year.

The company is the third Omani bank to disclose full-year results. NBO's results are still subject to approval from the bank's board of directors and didn't provide a quarterly breakdown.-Reuters