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National Bank of Oman (NBO) posted a 39.4 per cent jump in net profit for the first nine months of 2021, which climbed to RO 23.5 million, up from RO 16.9 million for the corresponding period of 2020.Announcing its preliminary unaudited results for the Jan – Sep 2021 period, the lender said in a filing to the Capital Market Authority (CMA) that total. ....
<div> With travel restrictions being eased, Oman Air Holidays has partnered with National Bank of Oman (NBO) to offer cardholders a 10 per cent disco ....
Qatar’s Commercial Bank seeks to acquire additional 15.2% stake in NBO SHARE Muscat: The Commercial Bank PSQC (CB) of Qatar has announced a public offer to acquire an additional 15.2 percent of the issued share capital of National Bank of Oman (NBO), a move that will increase the former’s stake in the Omani lender to 50.1per cent. The offer opens on June 10, 2021 and closes on July 11, 2021 against an offer price of RO 0.200 per NBO share which represents a (1) 36 percent premium versus the Volume Weighted Average Price (VWAP) since January 1, 2021; (2) 28 percent premium versus the last three months VWAP; and (3) 18 percent premium versus the closing price of June 2, 2021, the Commercial Bank stated. ....
NBO to provide fully equipped ambulances to MOH NBO-New-HQ-2 SHARE National Bank of Oman (NBO) pledged more support to Oman’s fight against COVID-19. The latest contribution by the bank includes the provision of fully equipped fleet of ambulances for the Governorates of Muscat and Dhofar, purchase of medical equipment for the most strained hospitals in the Governorate of Dhofar and a vaccine roll-out for staff and their spouses. It’s one of a string of measures the bank has activated since the beginning of last year, lending vital support to the country’s healthcare services as they continue to work to control the spread of the virus. ....
NBO appoints Ali Al Lawati as head of private banking By: Times News Service Ali bin Mustafa Al Lawati Muscat: National Bank of Oman (NBO) has announced the appointment of Ali bin Mustafa Al Lawati as its new Head of Private Banking. An industry veteran with a career spanning 27 years, he has held several prominent roles in brokerage, private banking and wealth management. A finance leader with a successful track record in achieving business transformations in challenging operating environments, he is anticipated to strengthen the bank’s efforts to expand its digital offerings, while catering to the ever-evolving needs of the affluent segment. ....