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11 Jan 2018 | Authiba, Muscat, Oman
The bank has made significant strides in the implementation of its long term business strategy resulting in the development of a well diversified and good quality portfolio of loans and deposits, while remaining well capitalized with sufficient liquidity and robust profitability. The bank's strengths were recognized in a recent report by an international rating agency (https://www.fitchratings.com/site/pr/1034010) in which NBO is the only Omani bank that was not downgraded. The report further reiterates NBO's solid business and financial position and excellent stance in the banking industry in Oman and across the region. Over the last 40 years, the Bank has forged a rich history in Oman serving our customers. NBO has played a leading role in supporting Oman’s socioeconomic progress and development and continues to support efforts to advance Oman’s national economic diversification agenda. All of this would have not been possible without your support, thank you.
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