Overview of Top Banks in Oman
There seem to be 17 regional and international central banks approved in Oman, and two of the specialized banks. The Bank in Oman approves and monitors the regional banking industry, tracks interest rates, releases bonds, and notices growth. Banks in Oman reported Dollars 73 billion value of market capitalization throughout the 2015 year, the fewest in the GCC.
The prospects for Oman’s banking sector is secure, as per Moody’s, as public expenditure, alongside higher hydrocarbon resources, is needed to encourage a reasonable amount of citizen expenditure and help maintain the national economy.
To all exploring a banking dream job in Oman, these are the top list of Banks In Oman is a useful guideline on where to begin.
Following are the top best list of banks in Oman:
Developed in the year of 1982, Bank Muscat is the world’s largest banking service source for the Middle East. This offers business banking, consumer service, private banking, Islamic banking, insurance, commercial banking, and wealth management. It has its headquarters in Muscat and hires nearly 3,000 people. It supervises a network of around 149 networks, 645 ATMs and CDMs, plus almost 10,000 personal computers.
Bank Muscat operates a foreign office in Riyadh, Kuwait, and a foreign company each in Dubai (UAE) and Singapore. Bank Muscat, a broker and financial services business located in Saudi Arabia, is a fully owned subsidiary of the bank. The bank is situated at AL TIJARA STREET. Its swift code is BMUSOMRXXXX. Timings of all Branches from Sunday to Thursday from 8:00 AM – 2:00 PM, (except The Avenues Mall branch timing: 9:00 AM – 3:00 PM). The call center number is 24795555. A 24/7 service is available.
The bank posted total revenues of USDollars 32.58 billion in 2016 and net revenue of USDollars Dollars 455million.
Bank Dhofar head office is located in Ruwi and was introduced in 1992. Dhofar has a network across various industry sectors: global banking and markets, banking & wealth management, Securities and Capital. It presently operates a network of fifty-eight outlets (BankDhofar), ten Maisarah Islamic Banking outlets, one hundred and twenty-seven ATMs, forty-nine CDMs, and five FFMs.
As of 2016, the total liabilities were US Dollars 9.4 billion, with US Dollars 121 million in net profits. Timings are from Sunday to Thursday at 8:00 am to 2:00 pm. Its swift code is BDOFOMRUXXX.
National Bank of Oman
The National Bank of Oman was introduced in the year of 1972 and was among the first national financial service providers in Oman. It is located at Al Markazi Street, Muttrah business district, Muttrah business district area building 65. The bank has a network across diverse business segments: trade finance, treasury services, financial services, and funding Centre. Its head office is in Muscat and recruits about 1,500 people.
The total liabilities as of 2016 increased to approximately US Dollars 8.5 billion, and net revenue estimated at US Dollars 156 million. The swift code is NBOMOMRX.
In 2007 the Sohar Bank was founded and was based in Muscat. The Head office is located at Al Bank Al Markazi St. street, Near Opp. HSBC Bank, CBD, Governorate of Muscat, Sultanate of Oman. The bank has a network across divisions of today’s business, consumer banking, state and venture financing, construction, taxation, and Islamic banking. It comprises a chain of 27 commercial banking outlets and five subsidiaries of Islamic Banking with about 700 members.
In 2016, the bank’s overall revenue was US Dollars 6,545 million, with US Dollars 49 million in overall sales. Its swift code is BSHROMRUXXX. The call center number is +968 24 730000.
Oman Arab Bank
Oman Arab Bank founded in the year of 1972, Oman Arab Bank is a joint venture of Oman Foreign infrastructure and investment Corporation, operating across major sections: Consumer Banking, business services, assistance, and unselected operations, and Islamic Banking. It also offers Islamic banking facilities consistent with Sharia, which include Ijarah, Murabaha, Mudarbah, and Diminishing Musharakah under the branding Al Yusr. It has its head office in Al-Ghubra, Muscat, and workers of around 1,100 people.
As of 2016, the bank’s overall liabilities were US Dollars 5.363 million, and US Dollars 64 million in overall revenues. Its swift code is OMABOMRU.
HSBC Oman was founded in the year of 1948 and served as one of Oman’s banking sectors. It operates in Seeb, head office in Al Khuwair, and employs around 900 people. It works through the operating units of Consumer Banking and Wealth Management, investment banking, and trade finance.
The bank posted overall net revenues of the US Dollars 5.854 million in 2016 and a US Dollars 44 million net income. HSBC Bank Timings on Weekdays (Monday to Friday) working hours from 10:00 AM – 4:00 PM. The call center number is 888.662.4722. Swift code is BBMEOMRX, and the branch name is HSBC BANK OMAN S.A.O.G.
Ahli Bank was founded in the year of 1983 and is located in Seeb, Governorate of Muscat, Sultanate of Oman. It works in four divisions, including consumer banking; and Business services, Treasury and Investment. It also offers facilities to multinational banking institutions. It comprises 549 workers and operates a 20-branch structure within the Oman Sultanate. AHLI BANK S.A.O.G branch name is (AL HILAL), swift code is AUBOOMRUALH. The phone number is +968 24 577177.
The bank posted overall revenue of USDollars 4.931 million in 2016, with a net income of USDollars 77 million.
Bank Nizwa, founded in 2012, has its main office in Muscat. It works in three sections: trade finance, Business Services, Treasury, and fund management. It comprises a chain of eleven branches in the Middle East, with 330 employees.
As of 2016, the overall revenue of the bank increased to approximately US Dollars 5.363 million, and net income amounted to US Dollars 64 million. Call center numbers are 80070060 or +96824950500.
Alizz Islamic Bank
Alizz Islamic Bank was founded in 2012 and has its head office in Ruwi. Three sectors operate the Islamic bank: consumer banking, business banking, and Finance. It handles a seven-offices network.
The bank posted total revenue of US Dollars 992 million in 2016 and US Dollars 23 million in net revenue. Swift code is IZZBOMRU. The branch address is the golden tower, floor 9, 903 roads 2732, PC 112.
Central Bank Of Oman
Central Bank of Oman is based in Muscat Oman, Middle East, and was established in 1974. Present Capital for the Central Bank of Oman is US Dollars 20,287,000,000, and SWFI has 8 stages of historical resources, 9 personal connections accessible for CSV Export. The helpline number is 968-24-777-777. Swift code is CBOMOMRUXXX. The net value is US Dollars 8087.4 million. The Head office is in Al Markazi, Ruwi. Timings are from Sunday – Thursday from 8:00 am – 3:00 pm.
It functions as an issuer to the Government. It offers a complete range of online banking for the State, including financing from the State, willing to lend to the State to facilitate fund the budget deficit, operating the central bank details acting as its fiscal agent, public debt management, currency control, and management of international currency reserves of the nation.