National Bank of Oman - Company Profile

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National Bank of Oman: Overview

National Bank of Oman (NBO) offers both conventional and Islamic banking services. The bank's primary operations are divided into five main segments: retail banking, corporate banking, investment banking, treasury and international banking, and Islamic banking. NBO provides a wide range of products and services, including various types of bank accounts, deposit options, digital services, cards, loans, and insurance plans. Notably, the bank offers a unique product called the Badeel Prepaid Card. NBO's services cater to a diverse customer base, including individuals, businesses, and corporations across various industries. NBO is headquartered in Ruwi, Sultanate of Oman.

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Headquarters Oman

Address Ruwi, 751, Po Box, Muscat, 112

Website www.nbo.om

Telephone 968 24 770000

No of Employees 1,413

Industry Financial Services

Ticker Symbol & Exchange NBOB (MSM)

Revenue (2022) $724.1M 21.5% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 20.4% (2022 vs 2021)

Market Cap* $1.1B

Net Profit Margin (2022) XYZ -1.0% (2022 vs 2021)

* As of and is in US$
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National Bank of Oman premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on National Bank of Oman’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Savings Accounts Wealth Management
Term Deposits Investment Banking
Debit, Credit Cards Islamic Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In March, the bank partnered with Habib Bank for Instant Pakistan Remittances
2024 Contracts/Agreements In January, the bank Enters Into Strategic Partnership With UnionPay
2024 New Products/Services In January, the bank's Islamic Banking Window Muzn Introduces Tijarah Account
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Competitor Comparison

Key Parameters National Bank of Oman Bank Dhofar SAOG Ahli Bank SAOG Bank Nizwa SAOG Alizz Islamic Bank SAOC
Headquarters Oman Oman Oman Oman Oman
City Muscat Ruwi Muscat Muscat Muscat
State/Province Muscat Muscat - - Muscat
No. of Employees 1,413 1,689 943 463 -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Amal Suhail Bahwan Chairperson Executive Board - -
Abdullah Zahran Al Hinai Chief Executive Officer Senior Management - -
Giridhar S Varadachari General Manager; Chief Financial Officer; Chief Operating Officer Senior Management 2021 -
Sulaiman Said AL Lamki Chief Risk Officer; General Manager Senior Management - -
Hassan Abdul Amir Shaban General Manager; Chief Government and Alliance Banking Officer Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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