Business opportunities of non-banking finance companies (NBFCs) in the Sultanate are to get wider with the Central Bank of Oman (CBO) deciding to give them more avenues, including issuing of credit cards.
Category: Banking & Finance
Held in collaboration with the Muscat Securities Market (MSM), Dr. Jamil El Jaroudi, CEO of Bank Nizwa, presented an overview of the Bank’s performance as of end of Q3 2015 and provided a market performance update of the Islamic Finance industry.
Standard Chartered Bank has decided to close its retail banking business in Oman and the bank has started sending letters/e-mails to inform its retail customers.
National Bank of Oman (NBO) kicked-off the 45th National Day celebrations with a first-of-its-kind parade on November 20th. NBO’s 45th National Day Parade celebrated the occasion and paid tribute to the Nation’s visionary leader His Majesty Sultan Qaboos bin Said by bringing together a cross-section of society.
A recent Bank of America Merrill Lynch research report titled, ‘MENA & Frontier Observer – Frontier markets screening increasingly more attractive: Focus on quality’, says that GCC equity markets are looking increasingly attractive after the broad based sell off since the summer.
Bank Muscat, the flagship financial services provider in the Sultanate, celebrated the 45th National Day with gusto as the head office and branches across all regions lined up various activities for the occasion in celebrations reflecting the Omani sentiments associated with the auspicious occasion.
Bank Muscat, the flagship financial services provider in the Sultanate, in line with its ‘Let’s Do More’ vision and partnership in the country’s development and progress, has launched a pre-paid card celebrating the 45th National Day.