NBO Welcomes Indian Ambassador To Discuss Trade And Business Opportunities

Continuing to pave the way for international relations, National Bank of Oman (NBO) hosted His Excellency Amit Narang, the Ambassador of India to the Sultanate of Oman, at its Headquarters in Azaiba. Meeting with the bank’s Chief Executive Officer, Abdullah Al Hinai, and other members of senior management, the Ambassador addressed NBO’s Indian employees, noting their valuable contributions to the bank, as well as discussing India-Oman bilateral relations and the wealth of opportunities for Indian businesses in Oman.
His Excellency Amit Narang commented, “Our nation’s long-standing and friendly relationship with Oman has opened up many new opportunities for both sides. It was a pleasure to visit NBO as we explore the possibilities for further cooperation in the banking sector in particular for the Indian diaspora, as well as businesspeople from India who are interested to make investments in Oman.”
Abdullah Al Hinai, Chief Executive Officer at NBO, added, “We continue to work closely with all communities to ensure that they can manage their finances seamlessly, regardless of whether they are banking in Oman or any where in the world. We welcomed His Excellency’s visit as part of our impetus to Oman’s efforts to foster and promote bi-lateral trade and development, for which the banking industry plays a major role.”
NBO offers a range of innovative products and services designed to meet the evolving needs of its expatriate customers. As a market first, its dedicated Lite App features international remittance services in six of the most widely-spoken Indian languages: Hindi, Tamil, Malayalam, Telugu, Kannada and Bengali, in addition to English and Arabic. Easy to register and operate, customers can make remittances in just three clicks and the funds will be credited to the beneficiary’s account in less than 60 seconds. It’s part of NBO’s efforts to make its customers’ lives better and more convenient, while helping to promote financial inclusion among all sectors.
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)*.