BankDhofar Conducts Annual General Meeting
21 March 2013, Muscat, BankDhofar shareholders gathered for the bank’s Annual General Meeting on 19th of March 2013 at Muscat Intercontinental Hotel, wherein the shareholders approved the cash dividend of 15% of paid up capital (15 Baizas per share), and the bonus share issue of 10%, translating to 100 shares for every 1000 shares owned by the shareholder. The shareholders were also notified that this would increase the paid up share capital of the Bank to 1.210 billion shares.
The Annual General Meeting also approved the financial statements and the relevant reports of the bank for the financial year ended December 31, 2012. BankDhofar reported total assets of OMR 2.144 billion as of December 31, 2012 showing 9.35% growth over 2011 and a net profit of RO 37.75 million for the year 2012.
The Annual General Meeting elected the new Board of Directors of BankDhofar with the following members:
1. Eng. Abdul Hafidh Salim Rajab Al Aujaili, Chairman of the Board
2. Sheikh Hamoud Mustahail Ahmed Al Mashani Vice Chairman of the Board
3. Sheikh Qais Mustahail Ahmed Al Mashani
4. Mr. Ahmed Said Mohammed Al Mahrezi
5. Mr. Saleh Nasser Juma Al Araimi
6. Mr. Mohammed Yusuf Alawi Al Ibrahim
7. Mr. Tarik Abdul Hafidh Salim Al Aujaili
8. Brigadier. Saif Ali Sheikhan Al Amri
9. Eng. Abdel Sattar Mohammed Abdullah Al Marshadi
Furthermore, new members were also elected to the Sharia Advisory Board for the Islamic Banking Window ‘Maisarah’, namely:
1. Sheikh Dr. Abdullah Mubarak Saif Al Abri
2. Dr. Mohammed Amin Qattan
In line with the agenda for the Annual General Meeting, shareholders were notified of the activities that were carried out in 2012 under BankDhofar’s Corporate Social Responsibility (CSR) program, and also approved allocation of OMR 120,000 for planned CSR activities in 2013.
In his closing remarks, Eng. Abdul Hafidh Salim Rajab Al Aujaili, Chairman, BankDhofar, addressed the meeting to thank BankDhofar customers, shareholders and staff for their continued support and trust in the Bank. He also praised the Central Bank of Oman and Capital Market Authority for their guidance in raising the standards of the Banking sector in Oman. Finally, on behalf of the Board of Directors, employees and the management, the Chairman expressed sincere most gratitude to His Majesty Sultan Qaboos Bin Said for his wise leadership and generous support to the private sector.
BankDhofar offers new customers double their salary
13th January 2013 Muscat, BankDhofar's new customers are eligible for chances every single day to double their months' salary. All they need to do is transfer their salary into a BankDhofar account. This is another great initiative to help customers grow their hard earned money and at the same time make the most of BankDhofar's products and services.
Faisal Al Wahaibi, AGM Retail Banking, said "We're always looking at ways we can help the people of Oman with their banking needs, not only will they get access to everything that's great about BankDhofar, they also enter the daily draw to win!"
Every day until the 31st of December 2013, BankDhofar will be selecting one new customer name out of the draw to be the lucky recipients of a "double monthly salary" up to OMR 2,000. Customers can enter the draw every day until they win. In addition every new customer with saving account will be able to enter a savings scheme with weekly, monthly and quarterly prizes totaling OMR 3,150,000: easy access to their bank accounts online and by phone; and any support they need from our branches, plus much more.
With so many prizes to be won, transferring your salary with BankDhofar seems like a best option. As they strive to make banking easy for their customers with an exciting range of products and services, they look on target to become the best bank in the Gulf, the best bank for you.
Resounding success at inaugural BankDhofar Pro-Am Tournament
12th November 2012 Muscat, The inaugural BankDhofar Pro-Am golf tournament was a wonderful success with 23 teams of four players per team coming together to participate in the first professional golf event in the Sultanate.The event, which took place at Muscat Hills Golf and Country Club on November 7th and 8th, was the first Pro-Am to be ever held in Oman and enabled BankDhofar to put the country on the map as a great golfing destination, well capable of hosting professional corporate and sporting events.
The unique atmosphere of the Muscat Hills Golf and Country Club attracted some of the most talented PGA professionals from Qatar, Kuwait, Abu Dhabi, Dubai, Sharjah, Bahrain and Scotland. They were joined by amateur players from leading companies across the region. The teams competed for the prize pot of RO 1050 which was ultimately won by the Crestlink team from Qatar led by professional Peter Bailey (Doha Golf Club). Francois van Coppenhagen (Sahara Kuwait Resort) prevailed against the rest of the professional field of players and won the individual professional tournament outright with a round of 2 under par.
Speaking about BankDhofar’s sponsorship of the event, Tony Mahoney, CEO, BankDhofar said “My thanks to the guests and professionals who came together to make this a wonderful event. BankDhofar is proud to support the awareness and development of golf in the Sultanate and we look forward to announcing some new youth initiatives next year.”
BankDhofar is a great supporter of sport and sporting events and attaches much importance to the training of Oman’s future golf stars. With many of BankDhofar’s employees and customers having an interest in golf, the bank has been keen to assist in the development of the game domestically. The BankDhofar Pro-Am golf tournament facilitated this. It afforded the bank the opportunity to support a unique sporting initiative and also gave guests the opportunity to play with some extremely talented professional golfers from the region.