• In cooperation with the Omani Women’s Association
• Highlighting the integral role of women in the entrepreneurship sector

Muscat, November 16, 2021: Oman Arab Bank (OAB) is sponsoring a discussion session that will be organised by the Omani Women’s Association in Muscat tomorrow. This support is in line with the Bank’s objective of enhancing its role in supporting society, stemming from the umbrella of its sustainability strategy. Aimed at highlighting the efforts and empowering Omani women, the session will be conducted under the patronage of HH Sayyida Basma Fakhri Al Said and will cover two main topics, namely, Omani women and entrepreneurship and the inspiring success stories of influential women.

Over the course of the session, several women entrepreneurs will shed light on their success stories. This will include Zakira Jamal Khader, owner of Taj Al Yasmeen, Badria Hilal, owner of Mandazi and other projects, Raeda Mohammed Al Wahaibi, owner of Al Raeda Gold and Jewellery and Nadia bint Saeed Al-Rawahiah, owner of Silver Sunlights. Other notable mentions that will be present are Muzaffa Hamad Al-Amriya, owner of Al-Amriya incense and Maymouna Hamdan Al-Dahmani, owner of Lavender and Rose, a vendor of soaps, gifts and other distributions.

Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the Bank operates a nationwide network of 53 branches and representative offices with 150 ATMs spread across Oman. OAB provides a complete range of financial products and services through its OAB Online App. Customers can now digitally open an account and benefit from several other services, directly from the convenience of their mobile phones.

Muscat, Oct  12, 2021: Leen al Atassi, Head of Innovation at Oman Arab Bank (OAB) recently won the prestigious ‘Oman Woman of the Year Award 2021’ in the category of Innovation and Technology. The ‘Oman Woman of the Year Award’ awards, founded by Apex Media in 2017, recognise and honour the outstanding achievements of women who have made a difference in fields as diverse as technology, education, medicine, law, philanthropy, and sports, to name a few.

The award recipients all represent excellence, dynamism and diversity regardless of the field. Each of these women has a remarkable story to tell, whether it is beating the odds or finding new ways to set themselves apart in a male-dominated industry.

On winning the award, Leen stated, “I am honoured and humbled to receive this recognition and to be standing alongside talented women who are highly accomplished in their respective fields. , This achievement would have not been possible without the support and contributions of my team and colleagues, the management of OAB, and my family. I look forward to continue to support innovation efforts within the banking industry and across related ecosystems in line with Oman’s 2040 vision.”

With a career span of over 15 years in finance and banking, Leen al Atassi has supported the acceleration of OAB’s Innovation agenda by introducing various platforms and initiatives that enable and promote innovation within the bank and the community such as the annual Innovation Hub hackathons, the innovation university roadshows across Oman, the inception of the first-of-its-kind Innovation Lab in Omanand the OAB Online Learning Hub. This approach has not only encouraged the youth to think outside the box but has also stimulated great minds to come together to develop ideas and build working solutions that would support the growth of the industry..

Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the bank operates a nationwide network of 53 branches and representative offices with 160 ATMs spread across Oman. OAB provides a complete range of financial products and services through its OAB Online App. Customers can now digitally open an account and benefit from several other services, directly from the convenience of their mobile phones.

Muscat, September 21, 2021: Oman Arab Bank (0AB) has recently launched an advanced programme to provide Omani talent, college, and university graduates with the necessary knowledge and skills to enhance their prospects of securing jobs within the banking sector. This two-year programme is in line with the Bank’s strategy to support national competencies by providing them with the practical experience necessary to achieve success in the future. The programme reflects positively on the Bank’s economic development plans for by investing in Omani youth and promotes sustainability.

OAB aims to improve economic progression through investment in the local youth workforce, increasing sustainability, driving knowledge transfer, and enabling banking technology localisation within the Sultanate of Oman. The program also reinforces the the Bank’s commitment to empowering national talent, with the graduates gaining valuable practical experience that will To help them start their career in the banking sector.

The Bank will work closely with each graduate employee to identify their abilities and match them with their career aspirations. They will be assigned to different divisions of OAB’s operations, rotating between Corporate Banking, Credit Admin, Credit Review, and Trade Finance, to nurture wider expertise of banking products and services. The two-year programme is open to proactive and determined Omani nationals who are recent graduates in finance, or accounting with a GPA of 2.4 or higher.

The programme will also present a chance to the graduates to learn from seasoned OAB professionals across a wide range of business departments. It will touch upon all areas of business banking, with each segment of the programme being supported by a mentor, in order to evaluate graduate performance, assist and provide a model of commitment, productivity, and professional responsibility. The programme encourages personal growth with professional qualifications and training that is critical to a career in banking. It has been specifically designed to maximise the potential of each candidate with a designed development plan.

Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the Bank operates a nationwide network of 53 branches and representative offices with 150 ATMs spread across Oman. OAB provides a complete range of financial products and services through its OAB Online App. Customers can now digitally open an account and benefit from several other services, directly from the convenience of their mobile phones.

Muscat, August 29, 2021: Oman Arab Bank recently announced the names of the most recent round of draw winners for its Hasaad Savings Scheme for July. The draw saw 101 customers winning prizes of OMR 500 each. As for Elite account holders, two customers won OMR 10,000 each from Khasab and Al Amerat branches.

Commenting on the results of the draw, Rashad Al Shaikh, Head of the Retail Banking Division at OAB, said, “Our fundamental belief as a financial institution is to be able to encourage the benefits of saving habits amongst our customers, to help them fulfill their dreams and aspirations. With the different categories of the Hasaad scheme, regular saving is an easy practice for all individuals. In turn, we look forward to rewarding them for their efforts.”

The Hasaad Savings Scheme 2021 will see 101 lucky winners each month from the 53 branches winning OMR 500 each. This is in addition to a Big Prize draw which will see two winners of OMR 10,000 each, every quarter.

The Elite Draws will see two winners every month of OMR 10,000 each. This is replaced by an Elite grand prize draw conducted every three months with one lucky winner of OMR 25,000.

“I would like to extend my heartfelt congratulations to all the winners and urge everyone to continue saving, especially in these unprecedented times, to increase their chances of winning in the remaining draws for the year,” Rashad added.

Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the Bank operates a nationwide network of 53 branches and representative offices with 150 ATMs spread across Oman. OAB provides a complete range of financial products and services through its OAB Online App. Customers can now digitally open an account and benefit from several other services, directly from the convenience of their mobile phones.

Muscat, August 3, 2021: As part of its commitment to support the community and in line with its sustainability strategy, Oman Arab Bank announced the launch of an initiative to aid families and individuals that were affected by the recent floods in Sur. The OAB initiative will see the provision of a three-month loan deferment for affected Bank customers, as well as financial support for families in need, in collaboration with the Ministry of Social Development.

Highlighting the importance of this initiative, Rashad Al Shaikh, Head of Retail Banking Division at OAB, said, “Our community initiatives are targeted towards those within the community that need it most. With this in mind, we will be deferring loans for our customers who have been affected, for a period of three months to help them overcome this difficult situation.

From his side, Feras Al Farsi, Head of Sustainability and CSR at OAB, said, “A key focus of our sustainability strategy is centred on reinforcing our relationship with our communities. Given the impact of the floods and the effects of the pandemic, we are doing our best to extend support to affected families and individuals that need it most. Together with the Ministry of Social Development, the cases are reviewed and necessary action is taken accordingly. We will also be donating to the Ministry and recommending three SME construction companies, who are our customers, to facilitate the required repairs.”

Emphasising the Bank’s strategy, Feras adds, “We continue to work towards implementing initiatives that fall under our three sustainability pillars, community partnerships, environmental responsibility and financial inclusion. The initiative launched today is just one example of the activities we undertake to support our communities in a time of need.”

Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the Bank operates a nationwide network of 53 branches and representative offices with 160 ATMs spread across Oman. OAB provides a complete range of financial products and services through its OAB Online App.