National Bank of Oman

The National Bank of Oman (NBO) is a significant player in the banking sector with a strong presence in the United Arab Emirates (UAE). This bank offers a range of services, including Personal banking, SME banking, and Wholesale banking. The bank ensures seamless banking operations between Oman and the UAE, making it a reliable financial partner for customers in both regions.

Operations and Services

The National Bank of Oman has an extensive network, serving its customers in Oman through 60 branches, 182 ATMs, and 64 CCDM/FFM. It also operates two branches in the UAE. The bank has made it easier for customers to locate their nearest branch, ATM, cash deposit machine, or Sadara Centre in the UAE, with detailed directions available online. Additionally, the Bank has a strong digital presence, allowing customers to get directions to their desired branch through online maps and reviews.

Global Presence

Although primarily serving Oman and the UAE, the National Bank of Oman has a global presence. It has been operational in Egypt for over 10 years and secured a full banking license in the UAE in 2013. Notably, the bank completed the issuance of $134.1 million in additional tier 1 capital in November 2022, suggesting a strong financial position and a commitment to growth. The bank's SWIFT/BIC code, NBOMAEADXXX, is recognized globally, facilitating international transactions.

Recognition and Ratings

The National Bank of Oman has also gained recognition as one of the 50 Most Valuable Banks by Forbes Middle East. This ranking reflects the bank's sound financial position and its significant influence in the regional banking sector. In terms of credit ratings, Fitch has affirmed the National Bank of Oman at 'BB', with a stable outlook. This rating indicates the bank's reliable creditworthiness and its balanced business model.

Branches