5thSeptember 2024: Muscat, Oman: Oman Arab Bank (OAB) announced that the international credit rating agency, Moody’s Ratings (Moody’s), has changed its outlook on the Long-Term Deposit Ratings from “Stable” to “Positive”. Moodys’ affirmed the long-term local and foreign currency deposit ratings at Ba1 and the bank’s Baseline Credit Assessments (BCA) at ba3 and the Adjusted BCA […]
06th Aug 2024, Muscat: Continuing its efforts to reinforce its leading position in delivering unparalleled banking experiences, Oman Arab Bank (OAB) recently introduced a new segment of premium banking services tailored for elite customers, named “Elite Exclusive”. This distinguished offering was unveiled during an exclusive ceremony hosted by the bank at the Crowne Plaza Salalah. The event […]
MUSCAT, June 10th 2024 — Oman Arab Bank (OAB) has announced a partnership with the National Hospitality Institute, to provide funding support to students and job seekers pursuing career opportunities in the tourism and hospitality sector. Aligned with the objectives set by the National Employment Program and the Ministry of Labor, this […]
Muscat: Oman Arab Bank (OAB) has been appointed as one of the lead arrangers for a $1.2 billion syndicated loan for OQ Gas Networks (OQGN), the exclusive operator of Oman’s gas transportation system. As the only Omani bank among the lead arrangers, along with a few select International and Regional banks, Oman Arab Bank demonstrated its […]
Muscat, April 4th 2023 – Oman Arab Bank (OAB) began its wide-ranging program of community events, in celebration of the holy month of Ramadan with a special visit bringing smiles and joy to young patients undergoing cancer treatment at the National Oncology Center at The Royal Hospital in Muscat. The bank in collaboration with ‘For […]
Muscat, March 28th 2023 – This Ramadan, Oman Arab Bank (OAB) will celebrate the true spirit of the season with a wide-ranging program of community events every week during the Holy Month. Across four weeks, the bank will support good causes and charitable organizations to help spread goodwill across the country. The first week […]
Muscat, 2 October 2023 – Oman Arab Bank (OAB) announced its ‘Roots of Oman’ campaign, which aims to plant 5,000 trees across the Sultanate by the end of the year, coinciding with the bank’s 50th anniversary. The bank is also inviting the public to participate giving them an opportunity to join OAB’s efforts and contribute […]
Muscat, 2 July 2023 – Oman Arab Bank (OAB) helped to lift the spirits of more than 400 children thanks to its participation in Eid celebrations organized by Al Rahma Association for Motherhood & Child Welfare. As part of its unwavering commitment to making a positive difference across the Sultanate, the bank organized a heartwarming […]
Muscat, 09 April 2023 – The outlook on Oman Arab Bank (OAB) Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) was revised from ‘stable’ to ‘positive’ by Capital Intelligence Ratings (CI Ratings).” The bank’s LT FCR and BSR are respectively ‘BB’ and ‘bb’, while its Short-Term Foreign Currency Rating (ST FCR) has been affirmed at ‘B’, its Core Financial Strength (CFS) at […]
Muscat, 26th July 2023 – Oman Arab Bank (OAB) has been recognized as Domestic Retail Bank of the Year – Oman and the SME Payment Solutions of the Year – Oman, earning two wins at the prestigious Asian Banking & Finance (ABF) Retail Banking Awards 2023. A distinguished panel of judges from the banking […]