Top Banks in Oman

The top largest banks in Oman include Oman Arab Bank, HSBC, National Bank of Oman, to name a few.

Oman Arab Bank has been adjudged the 'No. 1 Bank in Oman' in the BusinessToday- Ernst & Young's Banking & NBFC Survey. The Central Bank of Oman (CBO) selected OAB as the best bank in the usage of the electronic payment system (RTGS/ACH) implemented by CBO in 2006. It is the only bank to introduce B2B system offering instant bill collection services for telecom service providers Omantel, Oman Mobile and Nawras.

HSBC in Oman offers customers a full range of Personal Financial Services such as Current and Savings Accounts, Time Deposits, packaged financial products like HSBC Premier and STATUS, Credit Cards, Personal Loans and Home Loans. It has been rated Number 1 in Oman in the Global Custodian’s Review of Agent Banks. Also, HSBC has been voted 'Best Wealth Management Initiative' in the GCC for its HSBC Premier service by readers of The Banker Middle East magazine.

National Bank of Oman (NBO) is the second largest private sector bank in Oman. The Bank has achieved many accolades, some of which include:
- 'Best Mortgage Product Award 2008' accolade by The Banker Middle East Magazine.
- Best Current Account Award - The Banker Middle East Product Awards 2010.
- Best Banking Institution in the Sultanate of Oman, in Omanisation and Human Resources Development, from their Excellencies GCC Ministers of Labour and Social Development.

* Next: Muscat Securities Market (Oman)