National Bank Of Oman Launches Private Banking

Press release

Published June 29th, 2022 - 08:55 GMT

National Bank Of Oman Launches Private Banking

During the event

Highlights

National Bank of Oman (NBO) has launched Private Banking. Catering to the banking and financial advisory needs of its clients

Opening up new opportunities for high-net-worth customers, National Bank of Oman (NBO) has launched Private Banking. Catering to the banking and financial advisory needs of its clients, the new proposition provides comprehensive and holistic solutions tailored towards their unique goals, all delivered with complete privacy and confidentiality. Leveraging the latest technology, industry insights and analysis, courtesy of its team of consultants, NBO is guiding customers towards long-term financial well-being.

Ali Mustafa Al Lawati, Head of Private Banking at NBO, said, “Our new Private Banking proposition marks a major milestone in our 50-year legacy, setting the benchmark for personalised banking in Oman. Our premium banking services are designed to meet the unique wealth management requirements of our customers, offering personalised wealth advisory with exclusive access to the latest investments and products.” He added, “The new service is a valuable addition to our growing premier segment and we look forward to working closely with our clients to support them in reaching their investment and financial goals.”

NBO’s Private Banking is a platform offering a portfolio of investment and wealth management products and services including, global investment funds and structured products, offering customers the opportunity to invest in a wide range of robustly managed products to leverage market opportunities. Other products and services include securities brokerage, Systematic Investment Plan, global investment advisory, trade execution, wealth planning, trust services and financing across a range of options, covering traditional as well as specialist solutions.

As consistent leaders in privilege banking in Oman, NBO is the only bank in the country to offer such a wide range of wealth management product solutions, such as Sadara, to that constantly meets the sophisticated banking and investment needs of high-net-worth customers with exclusive privileges and benefits to suit their lifestyle. More details about NBO’s range of products and services are available in-branch, online at www.nbo.om or by contacting the Call Centre on 24770000.

Background Information

National Bank of Oman

Founded in 1973, National Bank of Oman was the country’s first local bank, forging a rich history with Oman’s local businesses and its economy at large. Today, it is one of the largest banks in Oman, with a paid up capital of OMR (Omani Rials) 110.8 million (US$ 288 million) and a regulatory capital of OMR 377.8 million (US$ 981 million)*.