OMAN ARAB BANK CELEBRATES 30TH ANNIVERSARY

MUSCAT: Under the patronage of H E Mohammad al Zubair, Advisor to His Majesty Sultan Qaboos bin Said on economic planning, Oman Arab Bank (OAB) celebrated its 30th anniversary at Shangri-La’s Barr al Jissah Resort & Spa.

The event was also attended by ministers, undersecretaries, OAB partners and chairman of the board of the Arab Bank, Sabih al Masry and the vice CEO and director of the board of the bank, Randa Sadiq.

At the outset of the celebration, Rashad bin Mohammad al Zubair, chairman of OAB delivered a speech saying, “It is my pleasure to welcome you and your participation in our celebration of the bank’s 30th anniversary. Our true partnership with you is the main incentive and optimal motive for us to exert more efforts and dedicate the powers of the bank to serve our partners and customers. Today, while we celebrate, we reassure our heritage, based on solid relationships with you. The success we managed to sustain over the last 30 years is mainly attributed to you and you are the reason for the continuity of our success.”

He added, “We at OAB would like to take this opportunity to pray to Allah to keep His Majesty the Sultan safe and sound and return him to his country and people to complete the modern Omani Renaissance. Under his directives and guidance, we are heading for optimal and higher goals in service of this generous country.”

This speech was followed by a statement by the CEO of the bank, Amin Rashid al Husseini who said, “OAB has witnessed 30 years of booming and growth since its incorporation in the sultanate. Today, we renew our pledge to you to continue strengthening and advancing the bank’s position among the pioneering banks in the Sultanate of Oman especially in respect of the distinguished customer service and IT development.

“More important, we shall keep in contact with our business partners. Finally, I thank the Central Bank of Oman and CMA for their support and valuable directives.” A documentary was screened, depicting the achievements of the bank over the last 30 years. It highlighted the major construction, infrastructure, tourist and development projects which the bank financed, like Salalah Methanol, Sur IWP Plant, Duqm Port & Dry Dock, Sur Road Project, Expansion Project of Oman Cement Factory and Sohar Refinery.

In addition, the documentary showed the network of bank’s branches – 67 branches and offices all over the sultanate.

The bank also provides retail services through state-of-the-art services, which are also available online.

SOURCE: Muscat Daily