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In a significant development that lauds its strategic growth and resilience, Bank Nizwa, the Sultanate of Oman's leading Islamic bank, has been recognised for its exceptional performance as Moody's Investors Service (Moody's) upgraded its long-term foreign and local currency deposit ratings to Ba1 from Ba2.
Distinguished as a trailblazer in innovation, Bank Nizwa, the leading Islamic bank in the Sultanate of Oman, was recently honoured with the prestigious Al Roya Economic Vision Award 2023 for Smart Digital Transformation.
In a testament to its triumphs and unwavering commitment to excellence in the realm of Islamic finance, Bank Nizwa, the Sultanate of Oman’s leading Islamic bank, recently garnered another prestigious accolade to its repertoire. The bank was named the ‘Islamic Bank of the Year’ at the distinguished Islamic Banking and Finance Summit and Awards. Accepting the award on behalf of the bank was Mr. Salim Al Maharbi, Chief Financial Officer at Bank Nizwa.
Cementing its position as the leading and most trusted Islamic bank in the Sultanate of Oman, Bank Nizwa participated in the AAOIFI Week for Training and Qualification Programs and the 18th AAOIFI-IsDB Annual Islamic Banking and Finance Conference, organized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Islamic Development Bank, held in the Kingdom of Bahrain.
As the pioneering provider of fully Sharia-compliant Sustainable Finance solutions in the Sultanate of Oman, Bank Nizwa – the leading and most trusted Islamic bank in Oman - ardently champions endeavours that align with its strategic focus on sustainable development for the advancement of the country's economy.