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News

13
August
2017
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Bank Nizwa Scoops Regional CSR Award In Recognition Of Its Commitment To Local Communities

Recognizing its dedication to developing the communities it serves, Bank Nizwa received the prestigious ‘Excellence in CSR in Islamic Finance’ award at the regional Corporate Social Responsibility in Islamic Finance Conference and Awards ceremony. The accolade underlines the bank’s strong commitment to improving the welfare of local communities and using the principles of Shari’a-compliant banking to enrich the lives of individuals across the Sultanate.

02
August
2017
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Bank Nizwa Launches Shari’a-Compliant Wealth Management Service

Muscat, August 2nd 2017 – Bank Nizwa launched its new Wealth Management services to provide high net worth clients with the most effective Islamic financial solutions to grow funds in the Sultanate. Customers will receive a full range of tailored products and services to cater to their exclusive needs, including direct access to a relationship manager, Mudaraba Investment Options, and a host of value-added benefits.

26
July
2017
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Bank Nizwa Launches Shari’a-Compliant Savings Plan

Bank Nizwa launched its new Recurring Deposits product to provide its customers with ideal solutions to effectively manage and plan for future commitments such as children education, retirement and many others.

18
July
2017
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Bank Nizwa Credit Cards Continue To Attract New Customers

Since its launch in December 2015, Bank Nizwa’s wide range of Shari’a-compliant Credit Cards have continued to experience solid growth across all segments. People availing of Bank Nizwa’s expansive suite of cards, enjoy a wide range of lifestyle benefits ranging from worldwide acceptance and competitive rates to lounge access, special discounts and enhanced security.

18
June
2017
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Bank Nizwa Receives Moody’s Investment Grade Rating

Reflecting its top quality assets and operating margins, Bank Nizwa was assigned first time ratings of Baa3 by Moody’s, one of the world’s most renowned credit rating agencies. The rating was made following a comprehensive long and short term assessment of the bank’s local and foreign currency deposits, allowing it to also receive a B1 Baseline Credit Assessment (BCA). The achievement recognizes Bank Nizwa’s strong foundation as a solid Islamic financial institution underpinned by tailored products and services that continue to meet the needs of customers across the Sultanate.