Saturday 1 October 2016
 
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National Bank of Oman

NBO launches $100m tap of existing 2019 bond

National Bank of Oman (NBO) has launched a $100 million tap of its existing 2019 bond at initial price thoughts in the area of 225 basis points over midswaps, lead managers said on Tuesday. The transaction is being arranged by Cre

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National Bank of Oman Q1 net profit up 10pc

National Bank of Oman, the sultanate's third-largest lender by assets, posted a 10-per cent rise in first-quarter net profit, according to a bourse statement on Thursday. The lender made a net profit of RO13.9 million ($36.1 m

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NBO Q3 net profit rises 6.6pc to top $38m

National Bank of Oman (NBO), the sultanate's third-largest lender by assets, posted a 6.6 percent rise in third-quarter net profit on Sunday, according to Reuters calculations. The lender made a net profit of RO14.93 million (

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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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