National Bank of Oman (NBO) is the first local bank and is the second-largest bank in the Sultanate of Oman. Corporate Banking Division, delivers a wide range of services including term loans, working capital facilities, import and export financing, asset and project financing plus comprehensive cash management services. Total assets: approx. US$ 4.85 billion (as of March 31, 2011).
The Bank offers cutting-edge financial solutions, designed to keep pace with businesses as well as tailor-made to meet individual needs. The Bank serves its customers in Oman through 67 Branches (including 2 Booths) and 177 ATMs as well as 5 branches in Egypt and 1 in U.A.E. NBO's Call Center enables customers to enjoy banking services 365 days of the year.
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No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters