As a testament to its efforts towards supporting local communities, Oman Arab Bank (OAB) was recently honoured by the Ministry of Social Development (MoSD) with an award for its Corporate Social Responsibility. Held under the patronage of H.H. Sayyid Kamil bin Fahd Al Said and H.E. Laila Ahmed Al Najjar, the Minister of Social Development, […]
8 May 2022: Muscat, Oman: Oman Arab Bank (“OAB”) recently launched a unique ‘Financial Literacy’ series across all its social media platforms to promote financial well-being among Omani youth. The series of videos address major financial decisions, such as buying a house, buying a car, getting married, saving, and running a business. This initiative by […]
3 April 2022: Muscat, Oman: Oman Arab Bank (OAB) announced that the international credit rating agency, ‘Capital Intelligence’, has revised the outlook for its Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) to Stable from Negative. The recent revision comes in the wake of the amendment of the Sultanate’s sovereign credit rating […]
To enable an easy and quick borrowing experience for customers via the OAB Online App Muscat, March 08, 2022: In line with its commitment to delivering a seamless digital banking experience for its customers, Oman Arab Bank announced the introduction of its Digital Instant Loan facility, a first in the banking industry in Oman. With […]
Muscat, March 06, 2022: Oman Arab Bank (OAB) proudly announced the graduation of several of its employees from the prestigious Etimad programme. The programme stems from a government initiative with the key objective of preparing qualified Omanis for leadership positions. Highlighting the importance of this achievement, Essam Al Busaidi, Head of the Human Resources Division […]
Muscat, February 22, 2022: Oman Arab Bank (OAB) was recently presented with the Excellence Award in Social Responsibility in acknowledgment of its contributions towards sustainability and sustainable initiatives in 2021. The award was received by Feras Al Farsi, Head of Sustainability and CSR on behalf of Oman Arab Bank. Social responsibility forms the basis of […]
For the first time in Oman, guaranteed limited time 1% cashback on all digital and POS transactions with the ‘Advantage’ Visa debit card Attractive rates of up to 3% p.a with Growth Plus account Loans starting from 4.7% p.a Exclusive travel benefits and more Muscat, January 31, 2022: In line with its continuous endeavours to […]
Muscat, January 25, 2022: Oman Arab Bank (OAB) announced the redemption of the Perpetual Subordinated Bonds (OAB PERPET. SUB OAB1) on 27 December 2021 in MSX (Muscat Stock Exchange). The bonds for OMR 30 Million were issued by the Bank on 29 December 2016, at an interest rate of 7.75% p.a. and listed on the […]
Muscat, 30 November 2021: Oman Arab Bank (OAB) recently announced its contribution to the Environmental Authority’s national initiative to plant 10 million trees. This initiative is in line with the Bank’s sustainability strategy and its focus on Environmental Responsibility. The objectives of this project are aligned with Oman Vision 2040, specifically its goal to develop […]
In cooperation with the Omani Women’s Association Highlighting the integral role of women in the entrepreneurship sector Muscat, November 16, 2021: Oman Arab Bank (OAB) is sponsoring a discussion session that will be organised by the Omani Women’s Association in Muscat tomorrow. This support is in line with the Bank’s objective of enhancing its role […]