National Bank of Oman Grants Academic Scholarships to Omani Students

Press release
Published March 31st, 2019 - 09:40 GMT

National Bank of Oman
National Bank of Oman

National Bank of Oman (NBO) has awarded nine Omani students full academic scholarships at one of the leading universities in the United Kingdom. Since it first launched in 2015, NBO’s Scholarship programme offered a total of 10 out of 15 merit-based scholarships to empower and create opportunities for talented youth from low-income families.

“Education is the foundation of life and the foundation of our future. We are proud to be fulfilling our promise to enrich the minds of Oman’s brightest students as they take steps towards realising their aspirations,” said Sayyid Wasfi Jamshid Al Said, Acting Chief Executive Officer. “At NBO we know people are what make things possible. Being able to provide these remarkable students one of the best educations available is a long-term investment not only in our youth, but also in the future of the country.”

Nine students from different governorates are attending the top universities in the United Kingdom. Upon graduation from the four-year programme, the students will also be offered a two-year employment contract with the bank to develop their capabilities and grow their careers as future leaders of Oman’s financial services industry.

Shihab Al Khatri, one of the students, said, “I was delighted to be chosen to take part in the scholarship programme offered by NBO. I have so far loved my experience at The University of Liverpool and have learnt how to adjust to a new environment and to be more flexible in my approach. The scholarships illustrate NBO’s commitment to helping the youth in the community and I am very grateful to them for giving me the opportunity to develop my potential.”

NBO is committed to creating shared values by investing in communities to make a positive and sustainable social, economic and environmental impact. Through education, youth development, training and employment, and entrepreneurship, the bank aims to contribute to the socio-economic advancement of the nation. 

Background Information

National Bank of Oman

Founded in 1973, National Bank of Oman was the country’s first local bank, forging a rich history with Oman’s local businesses and its economy at large. Today, it is one of the largest banks in Oman, with a paid up capital of OMR (Omani Rials) 110.8 million (US$ 288 million) and a regulatory capital of OMR 377.8 million (US$ 981 million)*.​

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