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 […]
Muscat: Oman Arab Bank (OAB) organized a series of workshops for entrepreneurs in Wilayat Sohar as part of its Small and Medium Enterprises (SMEs) development training program, launched earlier this year. The program aims to empower entrepreneurs to succeed and grow by equipping them with essential knowledge and enhancing their skills in management, financial and […]
Muscat: Oman Arab Bank (OAB) has signed a cooperation agreement with the “Badir” Fund for development of small and medium enterprises (SMEs), which is managed by the Arab Fund for Economic and Social Development in Kuwait (AFESD). The partnership between the bank and the Badir Fund, both of which have extensive experience in developing small […]
Muscat: Oman Arab Bank (OAB) organized visits for school students to the Kids Branch at the Bank’s Head Office, as part of its new initiatives to develop future generations and instill financial awareness among young people. The Bank believes in the importance of community partnership in providing practical experiences that complement school curricula and contribute […]
Muscat: To celebrate the joy of returning to school with children, Oman Arab Bank (OAB) organized various activities in both City Centre Muscat and ,Mall of Oman which included many interesting educational activities, competitions, and offering valuable gifts and prizes, including competitions, gifts, and raffles for valuable prizes, including Samsung tablets, to encourage young students […]
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 […]