Benchmarking on Financial Performance of Select Banks in Sultanate of Oman: An application of CAMEL Criterion

Abstract

This study dealt with the determining the financial performance and productivity of the banks selected in Sultanate of Oman during the period 2011 to 2016.  The researcher has chosen six listed conventional banks in Sultanate of Oman randomly selected through Muscat Securities Market namely Bank Muscat, Oman Arab Bank, Bank Dhofar, Ahli Bank and Bank Sohar respectively. The study has been carried out with the very familiar CAMEL criterion that assess the capital adequacy, assets quality, management capability, earning ability and liquidity position.  The findings of the study would help the stakeholders to understand the performance and productivity of the selected banks for their future investment and growth.  It is found on measuring the overall performance of the selected banks with CAMEL criterion that the Ahli Bank has arrived with top position with respect to its productivity and profitability and Oman Arab Bank has secured the last position.