Transforming Banking Convenience: OAB Expands ITM and ATM Capabilities for Customers in Oman

Transforming Banking Convenience: OAB Expands ITM and ATM Capabilities for Customers in Oman

Muscat, 8 September 2025: Oman Arab Bank (OAB) has announced the rollout of a wide range of innovative services through its Interactive Teller Machines (ITMs) and Automated Teller Machines (ATMs), further strengthening its commitment to delivering seamless, technology-driven banking solutions. Among the key enhancements is the ability for customers to instantly print debit cards for new issuance, replacement or renewal at select OAB branches, eliminating the traditional wait time.

Customers can now walk in and walk out with their debit card ready to use at the following locations: Head Office in Ghubra, Al Khuwair, City Centre Muscat, Al Khoud, Medical City and Salalah Branches. The instant printing service covers a variety of card types including Classic (male and female), Advantage, Platinum, Elite and Prepaid.

Beyond card issuance, OAB’s ITMs and ATMs are designed as a one-stop digital service hub, allowing customers to transfer funds locally and internationally, pay utility bills, make donations, request cheque books, update contact details, manage PINs, adjust daily debit card spending limits, pay credit card dues and access account statements with ease.

Commenting on the launch, Mr. Jumaa Al Fulaiti, Deputy Head of Retail of Oman Arab Bank, said, “At OAB, innovation is always centered around making banking faster, smarter and more accessible. The introduction of instant debit card printing through ITMs and ATMs is another step in redefining customer convenience across Oman. More importantly, ITM is not just a machine; it is a digital branch that empowers customers with flexibility and control over their banking needs, anytime they choose.”

The expansion of ITM services also reflects OAB’s long-term strategy of aligning with Oman Vision 2040, where digital transformation plays a key role in enhancing financial inclusion and customer-centric services. By investing in advanced banking technologies, the Bank continues to ensure that modern, secure and innovative financial solutions are always within reach.

With the expansion of ITM services, OAB continues to reinforce its position as one of Oman’s leading banks in digital transformation, offering solutions that blend efficiency with security and customer empowerment.

 

 

OAB Celebrates Collaboration and Innovation at Exclusive Partner Gathering in Dhofar

OAB Celebrates Collaboration and Innovation at Exclusive Partner Gathering in Dhofar

Muscat. 24 August 2025. Oman Arab Bank (OAB) recently hosted an exclusive partner dinner in Salalah, bringing together distinguished guests, business leaders, and community stakeholders to celebrate collaboration and explore new opportunities for growth in the Dhofar region.

The event was held under the auspices of HH Marwan bin Turki Al Said, Governor of Dhofar. It underscored OAB’s commitment to fostering strong, long-term partnerships while reinforcing its role as a driver of innovation and economic empowerment across Oman. Held against the picturesque backdrop of Salalah’s Khareef season, the gathering created a unique platform for networking, dialogue, and the sharing of insights on the evolving needs of customers and communities.

Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, expressed his appreciation for the enduring partnerships that have contributed to OAB’s growth and success. He said, “Salalah holds a special place in our vision for Oman’s future. It is a region full of opportunity and entrepreneurial spirit. Events like these are about more than building business ties but are about building trust and understanding, united henceforth by a shared purpose. Together, we can continue to shape innovative solutions that serve every segment of our society, from individuals and families to businesses large and small.”

Throughout the evening, guests were also introduced to OAB’s latest initiatives, reflecting the Bank’s continuous investment in innovation and customer experience. These include OAB Elite, a bespoke banking segment tailored for high-net-worth clients; Soft POS, a mobile-based payment acceptance solution for small merchants.

“Partnership is the foundation of progress,” added Al Harthi. “By working together, we are able to understand our customers better, adapt to their needs faster, and deliver services that make a real difference in people’s lives. Dhofar is integral to Oman’s development story, and we are committed to being a trusted partner in its continued success.”

The evening concluded with a dinner and networking session, providing attendees the opportunity to strengthen connections and explore new avenues of collaboration.

 

Oman Arab Bank Brings Tumouhi SME Roadshow to Salalah

Oman Arab Bank Brings Tumouhi SME Roadshow to Salalah

Muscat. 18 August 2025. Oman Arab Bank (OAB) is pleased to announce the upcoming stop of its nationwide Tumouhi SME Training Roadshow in Salalah, the vibrant economic hub of southern Oman. The event will take place at Kyriad Hotel, Salalah, from 20 to 21 August, 2025, as part of OAB’s continued commitment to nurturing entrepreneurship and building sustainable ecosystems for small and medium-sized enterprises (SMEs) across the Sultanate. The event will be held under the patronage of Dr Ahmed Mohsen al Ghassani, Chairman of Dhofar Municipality.

Launched as a flagship initiative under OAB’s broader SME support strategy, Tumouhi offers tailored workshops, one-on-one advisory sessions, and networking opportunities designed to equip entrepreneurs with the tools and knowledge they need to succeed in today’s dynamic economy.

Following successful sessions in Muscat, Sohar, and most recently Nizwa, the Salalah edition of the roadshow will feature interactive sessions led by industry experts, with topics ranging from financial planning and digital marketing to legal compliance, cyber security, and funding readiness. The event will also bring together key players from the public and private sectors to offer support and guidance to local business owners.

Commenting on the upcoming roadshow, Mr. Sulaiman Al Harthi, CEO of Oman Arab Bank, stated, “Our vision through Tumouhi is to cultivate a resilient and competitive SME sector that plays a meaningful role in Oman’s economic diversification. Salalah is a region full of untapped potential, and we are excited to meet with local entrepreneurs, listen to their challenges, and offer hands-on support that reflects our long-term commitment to inclusive national growth.”

With its focus on practical learning and local collaboration, Tumouhi continues to demonstrate OAB’s belief that real development starts at the grassroots level, empowering individuals, enabling businesses, and strengthening communities.

 

 

 

Oman Arab Bank Unveils Exclusive Offers to Mark the Reopening of Al Buraimi Branch

Oman Arab Bank Unveils Exclusive Offers to Mark the Reopening of Al Buraimi Branch

Muscat. 20 August, 2025. Oman Arab Bank (OAB) is pleased to announce the launch of a limited-time promotional campaign at one of its strategically important Al Buraimi branch, in celebration of their recent upgrades. The Buraimi Branch has been successfully relocated and refurbished with a fresh, customer-centric design that offers improved accessibility and service efficiency.

To commemorate these milestones, OAB is offering walk-in customers at the branch a range of exclusive benefits over a 10-working-day period. The Al Buraimi campaign will run from 24 August to 4 September, 2025.

Customers visiting the branch during these periods can access preferential loan rates and value-added bundles on credit cards. Early applicants who bundle a loan or deposit with a credit card will also receive free Entertainer vouchers. New-to-Bank customers opening deposit accounts, such as Fixed Deposit, Savings Basket, or Upfront Deposit, will be eligible for cashback.

Mr. Juma al Fulaiti, Deputy Head of Retail Banking at Oman Arab Bank, stated, “These offers are more than just promotions. We believe they are part of our commitment to reinvesting in the communities we serve. By enhancing this branch, we’re making banking more accessible, more rewarding, and more personal for our customers.”

This initiative is part of OAB’s broader retail banking strategy to strengthen its physical footprint while continuing to enhance customer experience through both digital and in-branch service touchpoints. The Bank encourages customers in the Al Buraimi region to take advantage of this opportunity and explore the improved facilities firsthand.

 

Oman Arab Bank Launches: Low-Cost Remittances to Over 50 Countries

Oman Arab Bank Launches: Low-Cost Remittances to Over 50 Countries

Muscat. 6 August 2025. Oman Arab Bank (OAB) is proud to its enhanced international money transfer service, designed to make sending funds to loved ones abroad more affordable, accessible, and secure than ever before. The service is simply known as iSend.

Available through the OAB Mobile App, iSend empowers customers to transfer money to over 50 countries at highly competitive exchange rates and with fees starting from just OMR 1. This innovative remittance platform combines affordability with reliability, aiming to give customers greater value for their hard-earned money.

‏Mr. Juma Al Fulaiti‏, Deputy Head of Retail Banking at OAB, said, “At Oman Arab Bank, we understand how important it is for our customers—especially expatriates—to support their families back home. With iSend, we’re offering a secure, seamless, and cost-effective remittance experience that reflects our continued commitment to customer-first innovation.”

iSend not only offers the lowest transfer fees and best FX rates in the market, but also provides 24/7 accessibility through the OAB Mobile App. This ensures customers can initiate transfers any time, from anywhere in the world, with just a few taps on their mobile devices. The platform also puts security at the forefront, with robust digital safeguards and real-time tracking for peace of mind on every transaction.

With Oman’s vibrant expatriate community and the growing demand for reliable digital banking services, iSend is the go-to solution for cross-border money transfers. Customers can download the OAB Mobile App today to explore iSend, relishing with ease the convenience of digital remittances.

 

Oman Arab Bank: From Initiatives to Empowerment: A National Award That Embodies a Deep Commitment to Community

Oman Arab Bank: From Initiatives to Empowerment: A National Award That Embodies a Deep Commitment to Community

Muscat, 2 August 2025. Oman Arab Bank has proudly received the “Organization with Best CSR Practices” award at the Oman Leadership Awards 2025, presented by CMO Asia, in a ceremony that celebrated organizations making a significant and sustainable impact on society and the national economy.

This national recognition is more than a symbol of excellence—it is a powerful reflection of the Bank’s long-standing journey of purpose, where community impact has been woven into its core strategy. Rather than viewing CSR as a separate requirement, Oman Arab Bank has fully embraced it as a pillar of its identity and growth.

The Oman Leadership Awards honor institutions that embody the philosophy of “Making a Real Difference” through integrity, purpose, and sustainable practices. Oman Arab Bank stood out after rigorous evaluation by a distinguished panel of judges from diverse disciplines.

Commenting on the award, Mr. Sulaiman Al Harthi, CEO of Oman Arab Bank, stated:
“We are honored to receive this recognition, which is not just an award, it’s a demonstration to our core mission. At Oman Arab Bank, CSR is not an initiative. It’s a responsibility rooted in who we are and what we stand for.”

Ms. Dalal Al Rahma, Acting Head of Corporate Communications at OAB, said:

“This award is not just a milestone; it is a mirror that exemplifies our collective heartbeat as a responsible and sound institution. Every campaign we launch, every partnership we build, is rooted in empathy and impact. We listen, we learn, and we lead with purpose. Therefore, I believe that is how real change begins, and, eventually, how trust is earned.”

What set OAB apart was its strong integration of ethical values into everyday operations, along with its commitment to transparency and accountability. The Bank’s proactive communication and collaboration with stakeholders ensure that its initiatives are inclusive, measurable, and aligned with national goals such as Oman Vision 2040. With this recognition, Oman Arab Bank reinforces its role as a changemaker in the financial sector, one that leads not just with numbers, but with purpose and integrity.

 

AFS and Oman Arab Bank Unveil Pioneering Digital Payments Platform

 

AFS and Oman Arab Bank Unveil Pioneering Digital Payments Platform

 

Muscat, 29 July 2025: Arab Financial Services (AFS), the Middle East and Africa’s premier digital payment solutions provider and fintech enabler, today announced a significant expansion of its enduring strategic partnership with Oman Arab Bank (OAB). This expansion reaffirms a shared commitment to pioneering innovation, setting an elevated benchmark for digital banking experiences across Oman.

 

Extending AFS’s proven legacy in processing, this revitalized alliance now advances the collaboration into a new era with the seamless integration of advanced tokenization for global digital wallets. Leveraging AFS’s deep expertise, OAB has already proactively deployed tokenization across leading platforms like Apple Pay, Samsung Pay, and Google Pay, cementing its position at the vanguard of Oman’s rapidly evolving digital payments landscape.

 

Central to this deepened partnership is OAB’s strategic foresight in becoming one of the inaugural banks to migrate to AFS’s transformative new digital payments platform. This next-generation solution is meticulously engineered not only for today’s dynamic payments landscape but also to future-proof operations, offering unparalleled speed, scalability, and configurability.

 

Mr. Samer Soliman, CEO of AFS, commented: “The strength of our decades-long partnership with Oman Arab Bank is vividly reflected in this agreement, as is our shared dedication to leading the charge in digital banking innovation. This renewal marks our collective intent to cultivate a new landscape of secure, agile, and supremely customer-centric financial services for the Omani market”.

 

Adding to this, Mr. Sulaiman Al Harthi, CEO of Oman Arab Bank, stated: “We are committed to embracing innovation that enhances our customer experience and future-proofs our services. We are proud to be among the first banks to launch on AFS’s new digital platform – a move that aligns perfectly with our digital transformation agenda and positions us to lead the market in seamless, secure payment solutions.”

 

This strategic renewal not only solidifies AFS’s leadership in the region’s fintech space but also significantly advances Oman Arab Bank’s vision to deliver future-ready digital banking experiences, actively shaping the broader payments landscape across Oman.

 

AFS Media Relations

Email: pr@afs.com.bh

 

About AFS:

Arab Financial Services (AFS) was formed in 1984 to provide payment products, services and expertise to banks and merchant groups and deliver customized payment solutions in an increasingly divergent, disruptive, and dynamic payment ecosystem.

 

AFS is owned by 37 banks and financial institutions and serves over 60 clients in more than 20 countries across the Middle East and Africa. Today, AFS is the region’s leading digital payment solutions provider and fintech enabler. Regulated by the Central Bank of Bahrain and the Central Bank of Egypt and licensed by the Central Bank of UAE, its dedication to innovation has made AFS a driving force in the market offering a rich portfolio of payment solutions including Open Banking Hub, popular digital wallets, market-leading merchant acquisition services, digital payroll solutions and more. Providing the highest quality payments solutions that are trusted by businesses, AFS has offices and data centers in the Kingdom of Bahrain, Arab Republic of Egypt, Sultanate of Oman, and the United Arab Emirates.

 

 

 

Oman Arab Bank Launches Travel Loan Campaign to Empower Holiday Seekers

Oman Arab Bank Launches Travel Loan Campaign to Empower Holiday Seekers
Muscat. 15 June 2025.Oman Arab Bank (OAB) has announced the launch of its highly anticipated Travel Loan Campaign, tailored to help customers embrace the joy of travel—whether within Oman during the picturesque Khareef season in Salalah or abroad for international adventures. The campaign reflects the Bank’s ongoing commitment to delivering customer-centric financial solutions that enhance quality of life and offer greater lifestyle flexibility.

The Travel Loan offers customers the opportunity to borrow between OMR 1,000 and OMR 5,000 with an attractive interest rate of 4.5%, and flexible repayment terms of up to 12 months. To further reward customers, the campaign includes a two-year annual fee waiver on OAB credit cards for eligible applicants.

Special benefits await those heading to Salalah for Khareef, including 20% cashback on fuel spent at Oman Oil and Shell stations during selected weekends in July and August. In addition, customers can access exclusive offers on hotels, dining, cafés, and car rentals in the Dhofar region, making their trip even more enjoyable and cost-effective. International travelers are not left behind. The campaign also includes complimentary travel insurance, offering peace of mind for customers flying abroad, ensuring safety and convenience remain a priority.

Mr. Juma Al Fulaiti, Deputy Head of Retail Banking at OAB, commented, “At OAB, we believe travel is more than leisure—it’s an opportunity to connect, explore, and grow. Through this Travel Loan campaign, we’re proud to provide financial solutions that allow our customers to experience new destinations without the burden of financial constraints. Whether it’s enjoying the lush beauty of Salalah or discovering the world beyond, we want our customers to indulge, while also creating a slew of unforgettable memories with their families and loved ones.”

Customers can apply for the Travel Loan conveniently via the OAB Mobile App or by visiting their nearest branch. This initiative is part of OAB’s broader strategy to offer flexible, relevant, and rewarding financial products that align with customers’ evolving needs and aspirations.

OAB Launches ‘Kharif Dhofar’ Campaign with Exclusive Perks for Credit Cardholders

 

OAB Launches ‘Kharif Dhofar’ Campaign with Exclusive Perks for Credit Cardholders

Muscat. 6 July 2025. As the Kharif season draws travelers to the lush landscapes of Dhofar, Oman Arab Bank (OAB) is pleased to announce the launch of its seasonal Kharif Dhofar Campaign, designed exclusively for OAB Visa Credit Cardholders. This special initiative is set to enhance the travel and spending experience of customers visiting the scenic Dhofar region during the much anticipated Kharif season.

 

This limited-time offer unlocks a suite of value-driven perks, including exclusive discounts on car rentals, cashback on fuel purchases, and special rates at selected hotels and restaurants in Salalah. The aim is to provide seamless, convenient, and budget-friendly experiences for customers enjoying the magic of Kharif.

“At OAB we are committed to design campaigns that are closely aligned with our customers’ lifestyles,” said Mr. Sulaiman Al Harthi, CEO of OAB. “The Kharif Dhofar Campaign reflects this promise to turn every trip into an opportunity for savings, convenience and unforgettable moments during one of the most celebrated seasons in Oman. We want our customers to focus on making memories, while we take care of the value.”

 

The Kharif Dhofar Campaign is available to all our OAB Visa Credit Cardholders Supported by a multi channel promotional strategy, including influencer collaborations, in-branch activations, and digital engagement, the campaign is set to capture the spirit of the season while rewarding our loyal customers with meaningful perks.

 

Whether customers are planning a road trip across the Dhofar coastline or a relaxing stay in Salalah, OAB’s Kharif Dhofar Credit Card Campaign ensures that their experience is smoother, more affordable, and filled with added value.

 

 

Oman Arab Bank Announces Increase of Authorised Capital to OMR 500 Million and Paid‑In Capital Boost of OMR 50 Million

Oman Arab Bank Announces Increase of Authorised Capital to OMR 500 Million and Paid‑In Capital Boost of OMR 50 Million

 

Muscat, Oman – 24 June 2025 – Oman Arab Bank (“the Bank”), one of Oman’s leading financial institutions, announced that its Board of Directors has invited its shareholders to approve an increase in the Bank’s authorised capital from OMR 200 million to OMR 500 million. In addition, the Bank will raise its paid‑in capital by OMR 50 million through a rights issue to be underwritten by the Bank’s shareholders.

 

This capital enhancement, which remains subject to regulatory approval, will further strengthen the Bank’s capital adequacy ratios, support accelerated growth in retail and corporate lending, and provide a robust platform for continued digital‑banking innovation.

 

Sulaiman Al Harthi, Chief Executive Officer of Oman Arab Bank, stated, “The proposed increase in authorized and paid-up capital highlights our strong foundations as a brand. With a larger capital base, we can expand our credit to vital economic sectors, invest in the next generation of digital services, and deliver long-term, sustainable value to all stakeholders. This will pave the way for strengthening the bank’s balance sheet, strengthening its Tier 1 capital ratio, and providing the necessary flexibility to weather economic fluctuations.”

 

The paid‑in capital increase will be executed via a rights issue. Existing shareholders of record as of the book‑closure date (to be announced) will be entitled to subscribe on a pro‑rata basis. The authorised‑capital increase will give the Bank flexibility to undertake additional equity issuances in the future as market opportunities arise, while remaining within prudential limits.

About Oman Arab Bank

Founded in 1973, Oman Arab Bank provide commercial and Islamic banking activities, through its wholly owned subsidiary Alizz Islamic Bank, through 50 branches, 24/7 digital channels, and a network of correspondent banks.

Forward‑Looking Statements

This press release may contain forward‑looking statements. Actual results may differ materially from those expressed or implied. The Bank undertakes no obligation to update forward‑looking statements except as required by law.

Investor Contacts

Investor Relations: +968 24754334 • Investor.Relations@oman-arabbank.com