National Bank of Oman

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National Bank of Oman
Type Bank
Industry Banking & Finance
Founded 1973
Headquarters Oman
Website www.nbo.co.om

The National Bank of Oman (NBO) is the second-largest bank in the Sultanate of Oman.

The National Bank of Oman on Muscat Bank Street

Founded in 1973, as of December 31, 2007 it has a net worth of RO (Omani Riyals) 220.5 million, with a paid up capital of RO 92 million (US $ 239 million).[1] The bank runs 54 branches across Oman but has its headquarters based in Muscat, and runs 128 ATMs as well as 5 branches in Egypt and 1 in the United Arab Emirates.[1]

Ownership of the bank comprises a 34.9% share held by a leading private sector investor and 27% of its equity controlled by public sector agencies.[1] The remaining equity is held by leading private sector investors in Oman.

In 2006, the Bank won the "Best Bank in Oman 2006" accolade, awarded by The Banker Magazine and Financial Times Business of the United Kingdom. In 2007, the Bank was awarded the "Best Corporate Social Responsibility Award 2007", by the World Finance Magazine.[1]

References[edit]

  1. ^ a b c d "About NBO". National Bank of Oman. Retrieved January 18, 2009. [dead link]

External links[edit]