With the participation of over 450 business leaders, experts, and change-makers, Oman Arab Bank (OAB) organized the third edition of its annual “CEO Summit” at the St. Regis Al Mouj Muscat resort. The “CEO Summit” serves as a platform that brings together decision-makers to exchange knowledge and is an eagerly anticipated event in the business […]
Oman Arab Bank (OAB) has received the 2024 Excellence Award in Straight-Through Processing (STP) from the Bank of New York Mellon Corporation (BNY), a global financial service company. This achievement reaffirms OAB’s position as a leading financial institution driving the evolution of Oman’s banking sector. This award reflects OAB’s commitment to enhancing customer service, achieving […]
Oman Arab Bank (OAB) participated in the ceremony announcing and honoring the winners of the “Hospitality Heroes” competition, organized by the National Hospitality Institute (NHI). The competition aims to showcase promising Omani talents in the hotel and hospitality sector. The bank’s participation aligns with its fruitful collaboration with the National Hospitality Institute, which seeks to […]
Oman Arab Bank (OAB) organized an advanced training course on “Customer Service Etiquette” to enhance the communication skills of customer service and front office employees and enable them to provide exceptional service and achieve the highest levels of customer satisfaction. Within the framework of cooperation and exchange of experiences between OAB and the Ministry of […]
Under the patronage of Her Highness Sayyida Meyyan bint Shihab Al Said, Oman Arab Bank (OAB) organized a joyful celebration for Omani Women’s Day at the St. Regis Hotel, under the theme “Empowering Omani Women: Leadership, Faith, and Innovation.” The event was attended by a large gathering of successful women, including the bank’s executive leaders, […]
Oman Arab Bank (OAB) has participated in the syndicated term loan facility along with Omani and Emirati banks to secure a syndicated loan of OMR 577 million for Hafeet Rail Company. This loan will fund the construction of the first railway line linking the Sultanate of Oman and the United Arab Emirates. This railway project […]
Oman Arab Bank (OAB) proudly announces its receipt of the ‘Straight Through Processing’ (STP) Excellence Award from the Citibank. This recognition, consistently earned since 2018, highlights OAB’s leading position in the financial industry, emphasizing its excellence in secure transaction processing and automotive processes. Sulaiman Al Harthi, Chief Executive Officer of OAB, expressed his gratitude, […]
As part of its strategy to enhance services by employing the latest financial technologies, Oman Arab Bank (OAB) has signed a partnership agreement with Oman Computer Network Services (OCNS), the authorized agent in the Sultanate of Oman for Diebold Nixdorf (DN). This agreement aims to enhance the bank’s network of ATMs and cash deposit machines […]
Muscat, Oman: Oman Arab Bank (OAB) announced that the international credit rating agency, Capital Intelligence Rating (CI), has changed its outlook on the Long-Term Foreign Currency Ratings (LT FCR) from “Stable” to “Positive”. CI has affirmed OAB’s the LT FCR and Bank Standalone Rating (BSR) of ‘BB+’ and ‘bb+’, respectively. The Bank’s Short-Term Foreign Currency […]
Muscat: Oman Arab Bank (OAB) recently celebrated the opening of its newest branch in the Wilayat of Saham, under the patronage of His Excellency Dr. Sheikh Sultan bin Abdullah bin Saleh Al-Battashi, Wali of Wilayat Saham, and in the presence of several officials from government institutions, members of the executive management of OAB, and bank […]