×
Bank Nizwa signed a financing agreement with Duqm Development Company LLC (DDC), a member of the Asyad Group (Asyad), to finance Phase 1 of the Duqm Frontier Town project. The project covers 23 hectares and comprises retail shops, recreational facilities and luxury units, of which 250 are residential apartments and 94 villas. The partnership comes as part of the bank’s strategy to diversify its expanding portfolio of corporate clients.
Bank Nizwa, one of Oman’s fastest growing and leading Islamic banks, organized a gala dinner, introducing its growing corporate clientele base to a wide range of its innovative shari’a-compliant wholesale banking products and services. Hosting the event were members from the bank’s Board, CEO Khalid Al Kayed and General Manager of Wholesale Banking, R. Narasimhan among others from the bank’s senior management team.
As part of its celebrations of Omani Women’s achievements this year; Bank Nizwa launched a series of roadshows in several governorates to outline the many benefits of its Ladies Banking Account services.
Bank Nizwa, recently welcomed a student delegation from the National University of Singapore to its headquarters in Muscat, providing them with insights on the evolving Islamic banking industry in the Sultanate.
As part of their Islamic finance knowledge program, Bank Nizwa, Takaful Oman Insurance, and Al Kawthar fund organized their latest workshop in Sohar to highlight the promising and sustainable business opportunities available to entrepreneurs and Small and Medium sized Enterprises in the sphere of the Islamic finance sector.
Personal Internet Banking
