HSBC’s Oman Unit See Sharp Drop In 2012 Profit
HSBC Bank Oman HBOM.OM, formed last year by a merger of HSBC's Oman unit and Oman International Bank, posted a…
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Omani banks
National Bank Of Oman Cuts Off 38 Jobs By End Of December
National Bank of Oman (NBO) plans to cut off 38 jobs by the end of December as it now has one branch which is…
National Bank Of Oman Sets Up Retail Banking Souq At Lulu Barka
In its efforts to be closer to its customers, National Bank of Oman “NBO” recently held a first of its kind Retail…
Oman’s Bank Dhofar Q3 Profit Down 10.7%
Bank Dhofar, Oman's third-largest bank by market capitalization, posted a 10.7-percent drop in third-quarter net…
HSBC Oman Asks Customers To Update Personal Info
HSBC Bank Oman is encouraging customers to update their personal data records by visiting their closest branch by…
Bank Muscat To Raise US$150 Mln Through Private Placement
As part of its capital raising plans to strengthen Tier I capital to support business growth, Bank Muscat, the…
Omani Bank Muscat To Raise US$ 251.5 Mln From Rights Issue
Bank Muscat, the flagship financial institution in Oman, is all set to raise RO 96.7 million (US$ 251.50 million)…
Oman’s Bank Nizwa Sees First Profit In 2014
Omani Bank Nizwa sees a maiden profit two and a half years after the start of its operation planned next month,…
Omani Banking Sector Earnings Rose To US$ 412.81 Mln
Oman’s banking sector continues to maintain strong performance aided by higher credit growth, increasing…
Oman Sets Islamic Finance Regulations This Year
A regulatory framework for Islamic finance is taking shape in Oman as government bodies move towards meeting the…
