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April 26, 2016
Oman's Bank Nizwa has introduced its "branch-on-wheels," a mobile financial unit, in an effort to share Shariah-compliant banking with more customers. With a goal of introducing the product line offered by an Islamic bank, the mobile financial unit will travel throughout Oman providing a variety of products and services over the next six months.
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April 4, 2016
Bank Nizwa, Oman’s first dedicated Islamic bank, told its shareholders at its recent annual general meeting that 2015 was a milestone year and the bank reached a break-even point in addition to growing its financing portfolio by 99 percent compared to the prior year. Bank Nizwa Chairman Sayyid Amjad bin Mohammed Al Busaidi presented the financial performance for 2015 at the meetin
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February 19, 2016
Bank Nizwa recently showed its support of the growing logistics and transportation industry in Oman by sponsoring the South Al Batinah Logistics Hub Forum.
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December 13, 2015
Bank Nizwa was named the "Best Performing Islamic Bank in Oman" during the 22nd Annual World Islamic Banking Conference (WIBC) held earlier this month. The award recognized the bank for achieving excellence in financial stability, financial performance, governance and social responsibility.
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