Oman Arab Bank (OAB) has participated in the syndicated term loan facility along with Omani and Emirati banks to secure a syndicated loan of OMR 577 million for Hafeet Rail Company. This loan will fund the construction of the first railway line linking the Sultanate of Oman and the United Arab Emirates. This railway project […]
Oman Arab Bank (OAB) proudly announces its receipt of the ‘Straight Through Processing’ (STP) Excellence Award from the Citibank. This recognition, consistently earned since 2018, highlights OAB’s leading position in the financial industry, emphasizing its excellence in secure transaction processing and automotive processes. Sulaiman Al Harthi, Chief Executive Officer of OAB, expressed his gratitude, […]
https://www.oman-arabbank.com/wp-content/uploads/Oman_Arab_Bank_Head_Office-6.jpg237375Sameera Mohamedhttps://www.oman-arabbank.com/wp-content/uploads/SiteLogo-300x97.pngSameera Mohamed2024-10-13 12:25:372024-10-13 12:25:47Oman Arab Bank Receives Bank Of New York’s 'Straight Through Processing' Excellence Award
As part of its strategy to enhance services by employing the latest financial technologies, Oman Arab Bank (OAB) has signed a partnership agreement with Oman Computer Network Services (OCNS), the authorized agent in the Sultanate of Oman for Diebold Nixdorf (DN). This agreement aims to enhance the bank’s network of ATMs and cash deposit machines […]
Muscat, Oman: Oman Arab Bank (OAB) announced that the international credit rating agency, Capital Intelligence Rating (CI), has changed its outlook on the Long-Term Foreign Currency Ratings (LT FCR) from “Stable” to “Positive”. CI has affirmed OAB’s the LT FCR and Bank Standalone Rating (BSR) of ‘BB+’ and ‘bb+’, respectively. The Bank’s Short-Term Foreign Currency […]
https://www.oman-arabbank.com/wp-content/uploads/Oman_Arab_Bank_Head_Office-6.jpg237375Sameera Mohamedhttps://www.oman-arabbank.com/wp-content/uploads/SiteLogo-300x97.pngSameera Mohamed2024-10-03 12:44:432024-10-03 12:45:22CAPITAL INTELLIGENCE CHANGES OUTLOOK ON OMAN ARAB BANK’S CREDIT RATING FROM “STABLE” TO “POSITIVE”
Muscat: Oman Arab Bank (OAB) recently celebrated the opening of its newest branch in the Wilayat of Saham, under the patronage of His Excellency Dr. Sheikh Sultan bin Abdullah bin Saleh Al-Battashi, Wali of Wilayat Saham, and in the presence of several officials from government institutions, members of the executive management of OAB, and bank […]
OAB Contributes to Financing the Hafeet Railway Project.
/in News /by Sameera MohamedOman Arab Bank (OAB) has participated in the syndicated term loan facility along with Omani and Emirati banks to secure a syndicated loan of OMR 577 million for Hafeet Rail Company. This loan will fund the construction of the first railway line linking the Sultanate of Oman and the United Arab Emirates. This railway project […]
Oman Arab Bank Receives Bank Of New York’s ‘Straight Through Processing’ Excellence Award
/in News /by Sameera MohamedOman Arab Bank (OAB) proudly announces its receipt of the ‘Straight Through Processing’ (STP) Excellence Award from the Citibank. This recognition, consistently earned since 2018, highlights OAB’s leading position in the financial industry, emphasizing its excellence in secure transaction processing and automotive processes. Sulaiman Al Harthi, Chief Executive Officer of OAB, expressed his gratitude, […]
OAB Launches New Generation of Self-Service ATMs
/in News /by Sameera MohamedAs part of its strategy to enhance services by employing the latest financial technologies, Oman Arab Bank (OAB) has signed a partnership agreement with Oman Computer Network Services (OCNS), the authorized agent in the Sultanate of Oman for Diebold Nixdorf (DN). This agreement aims to enhance the bank’s network of ATMs and cash deposit machines […]
CAPITAL INTELLIGENCE CHANGES OUTLOOK ON OMAN ARAB BANK’S CREDIT RATING FROM “STABLE” TO “POSITIVE”
/in News /by Sameera MohamedMuscat, Oman: Oman Arab Bank (OAB) announced that the international credit rating agency, Capital Intelligence Rating (CI), has changed its outlook on the Long-Term Foreign Currency Ratings (LT FCR) from “Stable” to “Positive”. CI has affirmed OAB’s the LT FCR and Bank Standalone Rating (BSR) of ‘BB+’ and ‘bb+’, respectively. The Bank’s Short-Term Foreign Currency […]
OAB opens a disability-friendly branch in Saham.
/in News /by Sameera MohamedMuscat: Oman Arab Bank (OAB) recently celebrated the opening of its newest branch in the Wilayat of Saham, under the patronage of His Excellency Dr. Sheikh Sultan bin Abdullah bin Saleh Al-Battashi, Wali of Wilayat Saham, and in the presence of several officials from government institutions, members of the executive management of OAB, and bank […]