Latest National Bank of Oman News
Oct 24, 2021
The National Bank of Oman continues to build bridges of joint cooperation with the most prominent international financial institutions, which contributes to supporting the economic diversification efforts in the Sultanate. The bank has concluded a strategic memorandum of understanding with the Saudi Export-Import Bank with the aim of building and establishing a fruitful cooperation relationship that includes, but is not limited to, exploring opportunities for exchanging experiences and knowledge, staff training, financing, investment and other services in both the Sultanate and Saudi Arabia. This partnership is a further step in the bank’s journey and its efforts to strengthen the frameworks for mutual trade and growth. On this partnership, Abdullah bin Zahran Al Hinai, CEO of the National Bank of Oman, said: “Based on our position as pioneers in the banking sector in the Sultanate, we play an important role in creating frameworks for joint cooperation that will employ the multiple and competitive advantages that the Sultanate enjoys and enhance its integration with the global economy. Also, by providing financing opportunities and new ways to facilitate trade, our cooperation with the Saudi Export-Import Bank will contribute to laying a strong foundation that contributes to achieving our goals and enhances mutual benefits and benefits.” For his part, His Excellency Saad Al Khalb, CEO of the Saudi Export-Import Bank said: “The Sultanate and the Kingdom have long-standing, solid and solid relations, which has given us many opportunities, the most recent of which is this joint cooperation with the National Bank of Oman, which is the latest addition to the list of partnerships that we have concluded. With Omani commercial banks, and under this partnership, we aim to develop commercial relations between the two countries and increase financing solutions for Omani importers and Saudi exporters in line with the Kingdom’s Vision 2030 and Oman 2040, as well as benefiting from the abundant opportunities in the banking sector in the region.” It is worth noting that the National Bank of Oman, since its inception, has played an active role in the efforts made by the Sultanate to achieve its social and economic goals. The Bank is keen to strengthen its international partnerships with the aim of facilitating the movement of trade and investment and supporting international banking services, driven by the growth witnessed by the Sultanate and its position as a logistical and commercial center in the region. These were the details of the news The National Bank of Oman signs a strategic memorandum of understanding... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new. It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.