National Bank of Oman Recognised by Muscat Municipality for Cultural Contributions
Press release
During the event
National Bank of Oman was honoured by Muscat Municipality for its longstanding support and extending its gold sponsorship of Muscat Festival, the biggest tourism and cultural event in the Sultanate. Hassan Shaban, General Manager - Chief Government Banking Officer at NBO, received the plaque of recognition during a special ceremony held recently.
As one of the first banks to operate in Oman, NBO is committed to making a positive impact in communities across the Sultanate. The Bank’s participation in the annual festivities is a clear demonstration of how the finance and the tourism sectors can work collaboratively to advance national interests and economic growth.
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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)*.
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