NBO Launches Car Financing With Special Rates Starting at 4.75% This Ramadan

Press release
Published March 22nd, 2022 - 11:30 GMT

NBO Launches Car Financing With Special Rates Starting at 4.75% This Ramadan
Tariq Atiq - Chief Retail and Digital Banking Officer at NBO.
Highlights
National Bank of Oman (NBO) launches Car Finance  for new and pre-owned cars  with  special Ramadan offers and rates starting at just 4.75%p.a. on reducing balance, valid until 31st May 2022.

National Bank of Oman (NBO) launches Car Finance  for new and pre-owned cars  with  special Ramadan offers and rates starting at just 4.75%p.a. on reducing balance, valid until 31st May 2022. The bank launched the facility at a special event at its headquarters in Azaiba, which was attended by the bank’s partner automobile dealerships from across Oman. Adding to its portfolio of competitive financing solutions, NBO’s new car loans offer attractive rates and are extended to salary and non-salary transfer customers, Omani nationals and residents.

Tariq Atiq, Chief Retail and Digital Banking Officer at NBO, said, “We are delighted to launch our new car financing facility and give our customers the chance to buy their dream car, at special rates. What’s more, we are partnering with dealers across the country, to add to the exclusive deals available when signing up. Meanwhile, we continue to enhance our suite of products and services, which are designed to support our customers to plan and manage their financial lives, while providing them with extra value and a superior customer experience.”

NBO’s car finance is part of the bank’s commitment to delivering hassle-free, competitive financial solutions to fit all. Processed quickly and efficiently, the bank also provides borrowers a host of benefits including flexible payment terms, additional financing, and much more. In addition, NBO has partnered with V-Kool Oman and IamJohnson to offer their customers 25% discount.

Tariq added, “What matters most to our customers is the convenience, affordability and benefits associated with the product. At NBO, we want to offer something for everyone when it comes to meeting customers’ financing requirements whether auto, home or personal.” 

More details about NBO’s range of products and services are available in-branch, online at www.nbo.om or by contacting the Call Centre on 24770000.

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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