National Bank of Oman - aVenture Asset Manager Research
National Bank of Oman
Operating Status: Operating
National Bank of Oman: Oman's first local bank since 1973, with over 60 branches and international presence.
Location
Muscat, Muscat Governorate, OM
Founded
1973
National Bank of Oman (NBO) is Oman's first local bank, established in 1973. With over 60 branches across Oman and international presence in Dubai and Abu Dhabi, NBO offers a comprehensive range of financial services. The bank provides various account types, including savings, current, and specialized accounts for children, youth, and retirees, as well as privilege and priority banking services.
NBO's product offerings extend to credit and debit cards, loans, and investment products such as systematic investment plans and long-term deposits. The bank has participated in debt financing rounds, notably for Octal, which raised $625 million. NBO also offers digital banking services, including cardless cash withdrawals and instant international transfers, catering to the evolving needs of its customers.
National Bank of Oman - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages