Category: Banking & Finance



Banking & Finance
CBO
Private deposits at commercial banks reach RO12.47bn

Private deposits at commercial banks in the Sultanate at the end of the first quarter in 2018 witnessed a slight decline by 0.77 per cent to OMR12.47 billion, compared to OMR12.57 billion in the corresponding period last year, according to a monthly statistical bulletin published by the Central Bank of Oman (CBO). The gross value […]

Banking & Finance
Ahmed Al Musalmi, CEO, Bank Sohar
Bank Sohar: Insight-Driven Banking Leader

Having completed 11 years of operations, Bank Sohar has established itself as a prominent financial institution in the market with a strong asset base of RO2.924bn as on March 31, 2018, and a digital focus for both its front and back offices, built around a customer centric model. OER looks at how Bank Sohar has […]

Banking & Finance
NBO - Muzn Privileged Banking Launch
Muzn Islamic Banking Launches Dedicated Privilege Banking

Muzn Islamic Banking, the Islamic Banking window of National Bank of Oman, has launched a Privileged Banking service which offers exclusive Shari’a compliant financial solutions that address the banking, investment, and lifestyle needs of our customers. Nasser Salim Said Al Rashdi, Chief Commercial Banking Officer of the National Bank of Oman, said: “Muzn’s Privilege Banking […]

Banking & Finance
CBO
Private deposits in commercial banks rise to RO12.55bn

Private deposits at commercial banks in the Sultanate at the end of February 2018 rose 0.85 per cent to OMR12.55 billion, compared to OMR12.45 billion in the corresponding period last year, according to a monthly bulletin published by the Central Bank of Oman (CBO). The gross value for these deposits, as of the end of […]

Banking & Finance
NBO
NBO Opens 24/7 Branch At Muscat International Airport

  National Bank of Oman (NBO) opened its fully-fledged airport branch within the new Muscat International Airport. Operating 24/7, the new location, was inaugurated under the patronage of Sheikh Ayman Bin Ahmed Bin Sultan Al Hosni, CEO of Oman Airports, presents an easy and convenient banking experience around the clock. The Branch, which is streamlined […]

Banking & Finance
1
OAB Enters Into Partnership with Emirates Airline

  Oman Arab Bank (OAB) has entered into an exclusive partnership with Emirates Airline. The partnership means that OAB Credit and Debit Card customers will now enjoy exclusive discount offerings on online ticket purchases and Emirates Holidays packages. Commenting on the new offer, Rashad Al Shaikh, DGM – Retail Banking said, “OAB has always been […]

Banking & Finance
OAB Social
Oman Arab Bank Wins Award for Innovative Banking Solutions

Oman Arab Bank was presented the award for Excellence in Innovative Banking Solutions at the New Age Banking Summit 2018 held at the Sheraton Hotel on 30th April. His Excellency Tahir Salim Al Amri, Executive President, Central Bank of Oman was the Chief Guest. The event, attended by over 250 delegates, was organised by UMS […]

Banking & Finance
Top 100 CEOs in the GCC (CEO of Bank Nizwa Khalid Al Kayed)
Bank Nizwa CEO Named Top GCC CEO

Bank Nizwa CEO, Khalid Kayed recently scooped the ‘Top CEO Award’ at the Fourth Edition of the TOP CEO Awards & Conference 2018. Held at King Abdullah Economic City in Saudi Arabia, the awards celebrated business leaders and senior executives across the Gulf Cooperation Council (GCC). The event was attended by industry pioneers and more than 30 thought leaders from across the Middle East to address and discuss the challenges facing the corporate world today.