Monday January 2, 2023
Expanding its footprint, Bank Nizwa, the leading Islamic Bank in the Sultanate, has inaugurated its 18th fully functional branch in Mawaleh. Strategically located, the new branch constitutes the Bank's latest step towards redefining the banking experience for people in the Sultanate by offering Shari'ah-compliant products and services within the convenience of their communities.
Commenting on the recent branch expansion, Arif Al Zaabi, Assistant General Manager of Retail Banking at Bank Nizwa, said, "We are delighted to announce the opening of a new branch in Muscat. Al Mawaleh is a rapidly growing and strategically critical market. This move supports the Bank's strategy to extend its reach and provide exceptional consumer banking experiences throughout Oman. Bank Nizwa is planning further branch expansion across the Sultanate in view of the vast potential of Islamic finance. Through this brand-new branch, customers can manage and grow their wealth whilst enjoying the Bank's innovative and responsive products and services."
The new branch brings Bank Nizwa's total number of branches in Muscat Governorate to 6. In addition to in-branch solutions, the branch will offer online and digital solutions to meet the banking preferences of its customers. The branch will provide a wide range of products and services for consumers and businesses, as well as wealth management products. A pioneer in introducing Shari'ah-compliant products and services in the country, the bank offers a wide variety of unique products tailored to its customers' needs.
As Bank Nizwa expands across the Sultanate and offers its excellent Islamic banking experience to customers in all corners of the country, it has also remained committed to investing in its human resources. The newly opened Mawaleh branch is staffed with qualified, well-trained and experienced Omani employees who not only possess the skills, aptitude, and knowledge to address varying customer needs but also have an in-depth understanding of the local community. At the forefront of digitalisation and innovation, the branch is also well-equipped with the latest technological solutions to ensure all processes are seamless, quick and convenient.
Bank Nizwa will continue its nationwide initiatives to make Islamic finance more accessible to various community segments and empower the public with the necessary knowledge to make sound financial decisions that meet their needs and beliefs. Today, Oman's first and leading full-fledged Islamic Bank enjoys a robust network of branches and ATMs across the Sultanate.