National Bank of Oman - Company Profile

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National Bank of Oman: Segment Analysis

Business Description

National Bank of Oman (NBO) offers personal, SME, and wholesale banking services. It also provides Islamic finance solutions. As of December 31, 2023, NBO operated through a network of 58 branches, 18 Sadara centers, and six Muzn Islamic banking branches in Oman. It also had two branches in the UAE. The bank had assets of OMR4,822 million, deposits of OMR3,986.1 million, and net loans of OMR3,495.9 million.

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Business Segments

Overview

Oversees the management of liquidity of funds within the bank. Also handles the bank’s investments in securities, asset-liability management, and cash instruments.

Performance

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Overview

Operates in the UAE and Egypt.

Performance

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Overview

Provide various products according to Sharia principles.

Performance

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Overview

Serves individual retail and high net-worth customers and offers wide range of products to meet everyday banking needs. These include asset products like personal loans, housing loans, credit cards, and term loans, and liability products like savings accounts, current accounts, and term deposits.

Performance

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Overview

Offers lending and deposit solutions, trade finance, treasury, and foreign exchange services to corporate customers. Also provides investment banking services such as asset management, corporate advisory, and brokerage services to retail customers and institutional clients

Performance

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Geographical Segments

Performance

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Performance

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Performance

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