Monday 5 December 2016
 
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Bank Nizwa

Bank Nizwa arranges $150m facility for South Sea Energy

Oman’s Bank Nizwa has signed an agreement to arrange $150 million credit facility to South Sea Energy (SSE) for development and production project in Block 17 in Musandam, a report said. SSE is a key partner in the joint ven

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Bank Nizwa arranges $150m facility for South Sea Energy

Oman’s Bank Nizwa has signed an agreement to arrange $150 million credit facility to South Sea Energy (SSE) for development and production project in Block 17 in Musandam, a report said. SSE is a key partner in the joint ven

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Bank Nizwa drops United Finance merger plan

Oman's Bank Nizwa has withdrawn its proposal for a merger with United Finance , Nizwa said on Monday, after United received rival offers and invited all suitors to enter a formal bidding process. In February, Nizwa approached

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Nizwa to set high Shariah standards

Bank Nizwa, Oman's first Islamic bank, aims to reach far beyond the boundaries of conventional banking and set new standards in Islamic finance sector, said its top official. Addressing the shareholders of Bank Nizwa, chairman

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Bank Nizwa wins top Islamic bank award

Bank Nizwa, a leading Islamic lender, recently won the Best Bank in Oman award from the Islamic Finance News (IFN) Awards ceremony at the Ritz Carlton Dubai International Finance Centre. Bank Nizwa was given exclusive rankings for

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Bank Nizwa launches home construction financing

Bank Nizwa, Oman’s First Islamic Bank, has launched a new home construction financing scheme which enables customers to design and build their properties to their own lifestyle needs and within their budget. Commenting on th

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Omani bank rolls out home finance products

Islamic lender Bank Nizwa is showcasing its key home finance products at the ongoing 'Home Show, a premier home building and interior exhibition, being held at Oman International Exhibition Centre. Nizwa has set up its stand a

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Oman banks sign up for interbank facility

Oman’s first Islamic bank, Bank Nizwa and Al Hilal Islamic Banking Services from Ahli Bank have entered into an agreement which will facilitate interbank placements between the two enterprises. The Wakala agreement is an imp

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Bank Nizwa, Bahwan in travel finance tie-up

Bank Nizwa, a leading Islamic bank in Oman, recently signed a memorandum of understanding with Bahwan Travel Agencies (BTA) towards offering a Sharia compliant travel finance solution. Customers can avail of the offer on holiday t

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Bank Nizwa, Bahwan in travel finance tie-up

Bank Nizwa, a leading Islamic bank in Oman, recently signed a memorandum of understanding with Bahwan Travel Agencies (BTA) towards offering a Sharia compliant travel finance solution. Customers can avail of the offer on holiday t

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