Oman’s Fincorp posts OR1.4m in 2013 net income

May 27, 2014 1:53 am

Oman’s Financial Corporation (Fincorp) has said its net profit for the financial year ended March 31, 2014, rose to OR1.44m from OR24,481 a year ago, Times of Oman has reported. The listed investment banking company manages investment funds like Majan capital Fund, which has achieved returns of 17.11% this year, and Fincorp Al Amal Fund, which achieved 17.52% returns. Fincorp also offers portfolio advisory and management services to pension funds, corporate and high net worth individuals.