OAB supports national progress at Tnfeedh open day

Press release
Published December 7th, 2016 - 10:32 GMT
OAB CEO Amin Al Husseini
OAB CEO Amin Al Husseini

Continuing its support for Tanfeedh, the National Programme for Enhancing Economic Diversification, Oman Arab Bank participated in the Programme’s Open Day. During this key stage of the national initiative, the culmination of recommendations generated for boosting economic growth was shared with the public.

“We are proud to have been given the opportunity partner with Tanfeedh and support its mandate to facilitate international trade and investment, and shed light on the role we look to play in expediting infrastructure and construction projects,” remarked OAB CEO Amin Al Husseini. “Understanding the extraordinary significance of enterprise to the Sultanate’s future economic success, OAB, through its diverse portfolio of commercial financial solutions, is well positioned to support and contribute to the growth of business in Oman.”

The CEO went on to explain that as OAB looks ahead to playing its part in Oman’s future development, it is building on a strong heritage of trust. Indeed, for over thirty years, OAB has worked diligently to help secure Oman’s robust economic foundations. Contributing to national development and social progress, the Bank has financed major ventures in areas including hydrocarbons, transport, logistics, energy, and health. In addition, OAB has developed financial solutions to support both fledgling and established businesses, as they not only work towards their goals and achieve their ambitions but also generate employment and yield substantial benefit for the country.

Background Information

Oman Arab Bank

Oman Arab Bank SAOC was established in 1984 following the acquisition of Arab Bank’s branches in the Sultanate. Over the past three decades, the Bank has consistently expanded its reach as well as its products and services offering to provide customers in the country with a comprehensive suite of innovative solutions in Retail banking, Corporate and Project finance, Investment banking, trade finance and most recently, Islamic Banking.

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