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September 04, 2015 2:36 AM ET

Banks

Company Overview of Oman Arab Bank, SAOC

Company Overview

Oman Arab Bank SAOC engages in the commercial and investment banking activities in the Sultanate of Oman. The company operates through Retail Banking, Corporate Banking, Investment Banking, and Support and Unallocated Functions segments. Its deposit products include current accounts, fixed deposits, term deposits, demand and call accounts, and savings accounts. The company’s loan portfolio comprises personal and corporate loans, mortgage loans, term loans, overdrafts, and debit and credit cards, as well as Islamic, trade, project, working capital, contracts and equipment, import and export, corporate, and other finances. It also offers safe deposit lockers, standing orders, utility bill paym...

Muttrah Business District

PO Box 2010

Ruwi

Muscat,  112

Oman

Founded in 1973

1,216 Employees

Key Executives for Oman Arab Bank, SAOC

Chief Executive Officer
Chief Financial Officer
Director and Chief Executive Officer of Oman International Development
Head of Operations & Banking Services Group - Retail
Head of Internal Audit Group
Compensation as of Fiscal Year 2015.

Oman Arab Bank, SAOC Key Developments

Oman Arab Bank, SAOC Reports Earnings Results for the Six Months Ended June 30, 2015

Oman Arab Bank reported earnings results for the six months ended June 30, 2015. For the period, the company reported 10.4% increase in net profit. The bank's net profit increased to OMR 15.9 million from OMR 14.4 million a year earlier.

Oman Arab Bank Announces Board Appointments

The Board of Directors of Oman Arab Bank resolved to appoint Mr. Imad Kamal AbdulRidha Sultan and Mr. Omar Bouhadiba as members of the Board of Directors in the bank.

Oman Arab Bank Appoints Abdul Qader Al Bulushi as General Manager to Head Al Yusr Islamic Banking; Plans to Open More Branches in Sultanate

Oman Arab Bank appointed Abdul Qader Al Bulushi as a general manager to head Al Yusr Islamic Banking. Al Bulushi has over 35 years of banking experience where he worked in various local banks and international banks in Oman and abroad. Al Bulushi has been a leading senior member at OAB since he joined the bank in September 1998. Al Yusr is available now in one branch in Muscat and one branch in Salalah. Oman Arab Bank management is planning to open more branches in the Sultanate within a year, in Muscat, Sohar, Nizwa, Al Buraimy, And Sur or Ibra, that all citizens will have the opportunity to take benefit of services all over Oman.

Similar Private Companies By Industry

Company Name Region
Standard Chartered Bank, Oman Middle East/Africa
Oman Arab Bank, SAOC Middle East/Africa
Oman Housing Bank S.A.O.C. Middle East/Africa
Meethaq Middle East/Africa

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