National Bank of Oman (NBO), the sultanate's third-largest lender by assets, posted a 6.6 percent rise in third-quarter net profit on Sunday, according to Reuters calculations.

The lender made a net profit of RO14.93 million ($38.7 million) in the three months to Sept. 30, up from RO14 million in the same period of last year, Reuters calculated. The bank did not provide a quarterly breakdown in its earnings statement.

NBO reported a net profit for the first nine months of 2015 of RO43.0 million, up from RO37.1 million in the same period of last year, according to a statement released on Sunday.

Loans and advances stood at RO2.54 billion at the end of September, 12 per cent higher year-on-year, but customer deposits fell 11 per cent over the same period to RO2.44 billion. – Reuters