National Bank of Oman, the Financial Strategic Partner for Oman Economic, Industrial & Free Zone Summit 2019

Press release
Published October 24th, 2019 - 06:12 GMT

During the event
During the event
Highlights
National Bank of Oman (NBO) was the Financial Strategic Partner at the recently held Oman Economic, Industrial & Free Zone Summit 2019.

National Bank of Oman (NBO) was the Financial Strategic Partner at the recently held Oman Economic, Industrial & Free Zone Summit 2019. Under the patronage of His Excellency Dr. Yahya bin Mahfoudh Al Manthari, Chairman of the State Council, the Summit which was organised by The Public Authority for Investment Promotion and Export Development (Ithraa), focused on Oman’s appealing investment climate. Held at the Oman Convention and Exhibition Centre, representatives from more than 25 countries, including public officials, leading industry executives and global thought leaders, were in attendance.

“Our sponsorship for this event comes in line with our strategy to supporting initiatives that promotes the Sultanate’s investment climate and its economic growth,” said Hassan Shaban, General Manager - Chief Government Banking Officer at NBO. “We’re glad to be extending our support for the second time to this important Summit, a role which surpasses providing financing solutions to corporates and investors into Oman’s free zones. We also extended an invitation to the participants to visit our headquarters where we held a gala dinner in honor of His Excellency Yahya bin Saeed Al Jabri, Chairman of Ithraa.”

The event also saw Nasser Al Rashdi, General Manager, Chief Commercial Banking Officer at NBO, participating in one of the discussion panels, where he highlighted the positive role banks play in supporting large economic projects in the country.    

Background Information

National Bank of Oman

Founded in 1973, National Bank of Oman was the country’s first local bank, forging a rich history with Oman’s local businesses and its economy at large. Today, it is one of the largest banks in Oman, with a paid up capital of OMR (Omani Rials) 110.8 million (US$ 288 million) and a regulatory capital of OMR 377.8 million (US$ 981 million)*.​

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