The Central Bank of Oman was established in 1974. Oman has 17 licensed domestic and foreign commercial banks and two specialized banks. The Central Bank of Oman is responsible for monitoring the local banking industry, interest rates, and issues development bonds and banknotes. The combined assets of Bank of Oman totaled US$73 billion which is the smallest in the Gulf Cooperation Council. In this post, you will get all the information about Banks in Oman.
Read Also: List of Banks in Bahrain
The Central Bank of Oman
At a glance The Central Bank of Oman information.
Headquarters: Ruwi Oman
Ownership: 100% state ownership
Central bank of Oman
Currency: Omani rial
Reserves: 17 190 million USD
List of all Banks in Oman.
- Bank Muscat
- Bank Dhofar
- National Bank of Oman
- Sohar International
- Oman Arab Bank
- HSBC Oman
- Ahli Bank
- Bank Nizwa
- Alizz Islamic Bank
For those who consider a career in the banking sector in Oman, this is the top list of banks in Oman is very helpful on where to start. To get more information, please refer to our list of financial institutions in Oman.
Bank Muscat The bank was established in 1982 and its headquarters is located in Muscat. Bank Muscat is the leading financial organization in the Sultanate of Oman. The bank offers retail banking, corporate banking, Islamic banking, investment banking, wealth management treasury and Private banking. The bank has approximately 3000 plus is serving through 150 branches and 645 ATMs. The bank also has 10,000 Pos terminals. Bank Muscat also operates internationally in Riyadh, Kuwait and representative offices in Singapore and UAE.
National Bank of Oman The bank was established in 1972 and its headquarters is located in Muscat. The bank operates multiple business units: commercial banking, retail banking, wholesale banking. The bank has approximately 1,500 employees are serving the customers.
Oman Arab Bank Oman Arab Bank was established in 1972 and the bank headquarters is in Al-Ghubra, Muscat. The bank serves through corporate banking, retail banking, Islamic banking and supporting and unallocated functions. Oman Arab Bank provides Islamic banking according to Sharia law including Mudarabah, Musharakah, Ijarah, Murabaha. There are 1,100 employees are serving the customers.
Ahli Bank The bank was founded in 1983 and its headquarters is located in Muscat. Ahli bank serving to the customer’s corporate banking, retail banking, investment banking and capital banking. The bank operates international banking services. The bank has 550 employees serving across the country through a network of 20 branches in the sultanate of Oman.
Beirut Oman Bank The Beirut Bank of Oman was established in 2006 and it is a branch of the Lebanese Beirut Bank. The bank has four branches in Muscat, Ghubrah, Sohar and wave. There are 150 employees are working in Oman branches. The bank also achieved the best foreign bank award in 2017 in the banking and finance sectors.
Bank Nizwa Nizwa Bank was established in 2012 and is headquartered in Muscat. The bank’s business is divided into three parts: Corporate banking, retail banking and treasury and investment banking. There are 330 employees are serving through 11 branches in the Sultanate of Oman.
Bank Sohar Sohar Bank was established in 2007 and its headquarters is located in Muscat. The bank operates through retail banking, wholesale banking, investment, treasury and Islamic banking sectors. The bank has approximately 700 employees are serving through a network of 27 commercial bank branches and 5 Islamic bank branches.
These are the best and selected banks in Oman. You can visit the banks as you need. All links and information are updated herewith.