DUBAI / Reuters Oman’s Bank Dhofar, the second-largest lender in the sultanate by assets, posted a 19.6 percent fall in fourth-quarter net profit, according to Reuters calculations. The bank reports a net profit of 10.75 million rials ($27.95 million) in the three months to Dec. 31, compared to 13.37 million rials in the same period of 2015. Net loans ...

  DUBAI / Reuters Bank Muscat, Oman’s largest lender, posted a 1.3 percent increase in fourth-quarter net profit on Sunday, according to Reuters calculations, in line with analysts’ estimates. The bank made a profit of 39.7 million rials ($103.2 million) in the three-month period ending Dec. 31, up from 39.2 million rials a year earlier. Bank Muscat didn’t disclose a ...

  Dubai Annika Falkengren, the chief executive officer of SEB AB, will leave the Swedish bank after running it for 11 years. SEB, which was founded by Sweden’s Wallenberg family in 1856 to become Stockholm’s first private bank, will now start looking for a replacement for Falkengren, the board said in a statement on Monday. The 54-year-old, who will step ...