NBO awarded ‘Best Financial Support’ by Entrepreneurship Awards
January 18, 2018 | 11:28 AM
by Times News Service
The awards were held under the patronage of H.E. Sheikh Abdulmalik bin Abdullah Al Khalili, Minister of Justice. Photo: Supplied

Muscat: National Bank of Oman (NBO) was given the ‘Best Financial Support’ award at the third edition of the Entrepreneurship Awards.

The awards were held under the patronage of H.E. Sheikh Abdulmalik bin Abdullah Al Khalili, Minister of Justice. NBO was recognised as a financial institution that effectively supports and funds small and medium enterprises through a wide array of customised SME services and initiatives.

Ahmed Al Musalmi, Chief Executive Officer of NBO said, “The National Bank of Oman has been evolving with the country’s SME sector, developing a deep understanding of the business owner segment and their intricate needs and this award is a testament to our efforts. In fact, we have been a partner of choice for many of Oman’s budding entrepreneurs since 2012, providing them with access to both finance and guidance. The services and products we offer are carefully tailored and relationship driven to give young business leaders the means to pursue their aspirations.”

He added, “As business dynamics change and customers advance, we will be introducing new products and services that cater to SME needs. Regardless of size, NBO is committed to continue to meet and exceed their expectations and serve them with care and devotion. Their success is our success.”

Ahead of the game, NBO understood the fundamental role that entrepreneurs play in creating strong and diversified economies and as a result was one of the first banks to set-up an independent department to cater to their requirements in early 2012. Over the years, the Bank’s products and services has expanded to not only include seamless financial solutions but also cross-border banking facilities between Oman and the UAE as well as training and mentorship programs. NBO has been guiding and advising SMEs since its inception and has helped several entrepreneurs go from micro to medium and large sized enterprises. Further helping SME’s unlock their potential, NBO also established its very own ‘Innovation in SME’ Award, offering OMR10,000 to the next great business idea.

A solid business and financial partner, NBO has demonstrated its flexibility and stability in light of the current market conditions.

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