Saturday 29 August 2015
 
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National Bank of Oman

National Bank of Oman deploys new CRM solution

National Bank of Oman, one of the largest banks in the Sultanate, has implemented a CRM solution to power its end-to-end lead management across all business lines and channels including branch, Web and call centres. This will help

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National Bank of Oman not to buy United Finance

National Bank of Oman has walked away from talks to buy United Finance after due diligence, it said on Tuesday. "After careful consideration, NBO now wishes to confirm that it will not be pursuing this transaction further and

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NBO shareholders approve $300m Tier 1 issue

The shareholders of National Bank of Oman approved the issuance of a Tier-1 instrument of up to $300 million, the lender said on Thursday. They also approved increasing the limit of an existing $600 million Euro Medium Term Notes

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NBO makes rival bid for United Finance

National Bank of Oman (NBO) has offered to buy fellow domestic lender United Finance Co , challenging a potential merger with Bank Nizwa in the country's cluttered banking sector. National Bank of Oman has a market capitalisat

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Al Turki to build National Bank of Oman HQ

The National Bank of Oman (NBO) has signed a construction contract worth RO50 million ($129.4 million) with Al Turki Enterprises, a 100 per cent Omani-owned construction company, for its new headquarters in Muscat, a report said.

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NBO awards new head office building contract

National Bank of Oman (NBO) has awarded a contract for the construction of its new head office building in the Omani capital, said a report. Omani construction group Al Turki Enterprises is set to handle the project which will be

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Dentons advises NBO on $600m Note programme

Dentons, a major global law firm, has advised the National Bank Oman (NBO) on the establishment of a listed and rated $600 million Euro Medium Term Note programme, and the debut issue of $500 million 3.125 per cent Notes. The Prog

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NBO picks banks for potential bond sale

National Bank of Oman (NBO), the sultanate's second-largest lender by assets, has picked four banks for a potential US dollar-denominated benchmark bond issue, a document from arranging banks said on Monday. The bank has manda

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Al Musalmi named National Bank of Oman chief

National Bank of Oman has appointed Ahmed Al Musalmi as its new chief executive. Al Musalmi, who has served the bank as deputy chief executive since 2011, succeeds Salaam Al Shaksy who is leaving the bank, the bank said yesterday.

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National Bank of Oman posts flat Q2 profits

National Bank of Oman, the sultanate's fourth-largest lender by market capitalisation, posted a near-flat second quarter net profit, Reuters calculated, beating analyst estimates. The lender made a second-quarter net profit of

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