Category: Banking & Finance



Banking & Finance
Banking
Enhanced value proposition

Hanaa Al Hinai, DGM – Private Banking and Retail Banking Products Development, Retail and Private Banking Division, Ahlibank shares her thoughts on the bank’s premium banking offering and differentiation. Mayank Singh reports Can you share details of Ahlibank premium banking? What kind of products and services are offered to customers? Ahlibank has always been on […]

Banking & Finance
flagship_branch_open_lRyXv
New OAB Flagship Branch Opens in Al Khuwair

Oman Arab Bank (OAB) has announced the opening of its newly revamped flagship branch in Al Khuwair. The new customer-focused branch is located within the Al Khuwair Commercial district, and will deliver the highest levels of convenience and enhanced banking facilities to the Bank’s customers in Al Khuwair. The branch opening took place on August […]

Banking & Finance
finance TFC
Taageer Finance Company Appoints Acting CEO

    V. V. Suresh Kumar has been appointed as Acting CEO of Taageer Finance Company by the Board with effect from August 1, 2018. Prior to his current role he was the General Manager – Marketing & Business Development. Kumar has over 30 years of experience in leading Non-Banking Finance Companies and Banks in […]

Banking & Finance
NBO Easy Payment Plans
NBO Customers Can ‘Purchase Now and Pay Later’

National Bank of Oman (NBO) cardholders can now set up Easy Payment Plans (EPP) directly through the Bank’s updated Mobile App. Through a touch of a button, customers will have the option to convert their purchases into affordable monthly installments with a commission fee of 6% or 8% over the course of 6 or 12 […]

Banking & Finance
Bank Nizwa - Best Islamic Services and Products Award
Bank Nizwa Wins ‘Best Islamic Products And Services In Oman’ Award

  Committed to redefining the banking experience in the Sultanate, Bank Nizwa was named ‘Best Islamic Products and Services Provider’ in Oman during the Banks Awards and Commendations of Excellence ceremony organized by the World Union of Arab Bankers recently held in Lebanon. This accolade reflects the bank’s strategy of continuously offering progressive Islamic banking […]

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 […]