NBO supports entrepreneurs and small enterprises in the run up to eid al-fitr

Press release
Published April 16th, 2023 - 06:53 GMT

NBO supports entrepreneurs and small enterprises in the run up to eid al-fitr
During the event
Highlights
National Bank of Oman (NBO) recently hosted a Small and Medium Enterprises (SMEs) Eid Marketplace Exhibition.

As Ramadan is drawing to a close and to mark this year’s upcoming Eid Al-Fitr celebrations, National Bank of Oman (NBO) recently hosted a Small and Medium Enterprises (SMEs) Eid Marketplace Exhibition. Held at NBO’s head office in Al Azaiba, the event attracted more than 30 exhibitors and an all-time high visitor turnout. It provided an ideal opportunity for businesses to display their products from handcrafted jewelry, perfumes, fashion to unique homeware and food, while visitors had the chance to purchase their Eid essentials and support local businesses. 

The Eid Marketplace Exhibition for SMEs was organised as part of NBO’s Corporate Social Responsibility Programme that involves initiatives that benefit society and allows the bank to give back to communities. Recognising the crucial role of SMEs in economic development and job creation, the event enabled the local business community to generate revenue and connect with potential new customers.

NBO has long been an active participant in community-centred initiatives that aim to support local businesses and therefore contribute to Oman’s economic growth and diversification. The bank will continue to seize opportunities and work together with key partners to unlock opportunities that drive progress, prosperity and create value for Oman and its people. 

 

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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