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National Bank Of Oman Saog (Oman)

Main Activities: Commercial Banking
Full name: National Bank Of Oman Saog Profile Updated: May 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

National Bank of Oman (NBO) was established in 1973 and was the largest bank in the sultanate at the end of 1999 in terms of assets. It is also the leading local bank in terms of net profits and the third largest in terms of paid-in capital. Its loans portfolio is the largest among local commercial banks. It has more than 60 branches throughout the country and three outside Oman. After a collapse in 1991 with government support and re-capitalisation, the bank has been restructured and has shown remarkable growth in assets, net worth and profits. It has a strong presence in the corporate banking market and is expanding its retail operations. NBO has also started to increase its lending abroad through its branches in Egypt and Abu Dhabi.

Headquarters
Po Box 751
Ruwi; Musqat; Postal Code: 112

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Website: http://www.nbo.om/en

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1973
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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34.9%
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14.75%
Subsidiaries
Nbo Global Markets Cayman Ltd (United Kingdom)
100%
Company Performance
Financial values in the chart are available after National Bank Of Oman Saog report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency OMR. Absolute financial data is included in the purchased report.
Net interest income
6.58%
Operating profit (EBIT)
18.77%
Net Profit (Loss) for the Period
20.36%
Total assets
12.29%
Total equity
5.26%
Total Assets Trend
7.07%
Net Interest Income Trend
-6.05%
Loans to Deposits Ratio
-14.48%
Loans to Asset Ratio
-6.03%

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