NBO Pledges Additional Funds To the Fight Against COVID-19

Committed to lifting the community in times of need, National Bank of Oman (NBO) has made its latest contribution to the country’s battle with the current pandemic. NBO pledged to the Ministry of Health the purchase of vital medical equipment for its new field hospital, based at the old Muscat airport site, which was purpose-built for taking care of COVID-19 patients. Since March 2020, the bank has donated a total of on 1 million Omani riyals to support Oman’s frontline health workers and their efforts to keep communities safe.
Abdullah Zahran Al Hinai, Chief Executive Officer at NBO, said, “The government has done amazingly well in combatting the pandemic but we know the fight is not over yet. That’s why we continue to support the remarkable and selfless efforts of Oman’s frontline health workers, not only with life-saving equipment but by continuing to adhere to the government’s regulations to help stem the spread and keep as many people safe and out of hospital as possible. It is only by working together as a community that we will overcome this pandemic.”
Opened in October 2020, within two months of being started, the temporary hospital was built in order to reduce the burden on other hospitals, catering to patients from across Oman. Currently in its first phase, the hospital has a capacity of 100 beds, which will reach 312 in the next phase.
NBO has undertaken a variety of CSR programmes since the beginning of the pandemic, including donations that were distributed between the Ministry of Health’s Endowment Fund, Royal Hospital, Al Nahdha Hospital, Sultan Qaboos University Hospital, and the Royal Oman Police Hospital. Meanwhile, with the safety and wellbeing of the entire community as its utmost priority, it continues to encourage customers to take advantage of its growing range of digital and contactless services. With a resilient eco-system and a range of innovative and useful products, NBO is ready to meet people’s banking needs and support the country as it weathers the pandemic.
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)*.