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Oman Arab Bank
Oman Arab Bank ( ar, بنك عمان العربي) is a commercial bank in Oman, established in 1984. It is jointly owned by Arab Bank plc (49%), Oman International Development and Investment Company SAOG (31.63%) and other individual or corporate shareholders (19.37%). History Oman Arab Bank was established in 1984. In 2014, the bank launched its digital transformation strategy, enhancing its banking channels and services by employing the state-of-the-art technologies, promoting a culture of innovation and talent management, as well as providing added-value services through strategic partnerships. The CEO Abdul Qader Ahmed Askalan resigned in 2013. Oman Arab Bank has acquired 100% of Alizz Islamic Bank in June 2020 and merged its Al Yusr Islamic Banking window with Alizz Islamic Bank. On July 6, 2020, Oman Arab Bank was transformed from a closed to a public joint stock company, with its shares listed on the Muscat Securities Market The Muscat Securities Market (MS ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkeit'' or public sphere. The concept of a public has also been defined in political science, psychology, marketing, and advertising. In public relations and communication science, it is one of the more ambiguous concepts in the field. Although it has definitions in the theory of the field that have been formulated from the early 20th century onwards, and suffered more recent years from being blurred, as a result of conflation of the idea of a public with the notions of audience, market segment, community, constituency, and stakeholder. Etymology and definitions The name "public" originates with the Latin ''publicus'' (also '' poplicus''), from '' populus'', to the English word ' populace', and in general denotes some mass population ("t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oman
Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of the Persian Gulf. Oman shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen, while sharing maritime borders with Iran and Pakistan. The coast is formed by the Arabian Sea on the southeast, and the Gulf of Oman on the northeast. The Madha and Musandam exclaves are surrounded by the United Arab Emirates on their land borders, with the Strait of Hormuz (which it shares with Iran) and the Gulf of Oman forming Musandam's coastal boundaries. Muscat is the nation's capital and largest city. From the 17th century, the Omani Sultanate was an empire, vying with the Portuguese and British empires for influence in the Persian Gulf and Indian Ocean. At its peak in the 19th century, Omani influence and control extended ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1984
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Oman
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Oman ...
This is a list of banks in Oman. Central bank * Central Bank of Oman Local banks *Bank Muscat * Bank Dhofarbr>* National Bank of Oman * Sohar International * Oman Arab Bank * HSBC Oman Ahli Bank* Bank Nizwa * Alizz Islamic Bank * First Abu Dhabi Bank Oman * Qatar National Bank Oman * Standard and Charter Bank Oman * State Bank of India Oman * Habib Bank Limited Oman * Beirut Oman Bank {{Asia topic, List of banks in Oman Banks Banks * Oman Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muscat Securities Market
The Muscat Securities Market (MSM, ar, سوق مسقط للأوراق المالية ) is the only stock exchange in Oman. It was established by the Royal Decree (53/88) issued on 21 June 1988, to regulate and control the Omani securities market and to participate, effectively, with other organisations for setting up the infrastructure of the Sultanate's financial sector. After ten years of continuous growth, there was a need for a better functioning of the market. Thus MSM has been restructured by two Royal Decrees (80/98) and (82/98). History The Royal Decree (80/98) dated 9 November 1998, which promulgated the new Capital Market Law, provides for the establishment of two separate entities, an exchange, Muscat Securities Market (MSM), where all listed securities shall be traded, and the Capital Market Authority (CMA) – the regulatory. The exchange is a governmental entity, financially and administratively independent from the regulatory but subject to its supervision. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alizz Islamic Bank
Alizz Islamic Bank (In Arabic: بنك العزّ الاسلامي) is a full-fledged Islamic bank operating in The Sultanate of Oman which launched on the 30 September 2013. Alizz Islamic Bank (SAOC) was established in accordance to Royal Decree No. 69/2012 which amended the banking law to include Islamic banking at licensed banks through either specialized banks or independent entities at the existing commercial banks. Alizz Islamic Bank provides retail and corporate finance through branches, online and mobile devices. The total paid up capital is 100 million Omani Rials of which 40% was raised by public investors during the initial public offering (IPO). 60% was contributed by the bank's Promoters. The bank is a closed joint stock company. Saleh bin Nasser Al Araimi is chairman of the board of directors while Sulaiman Al Harthi is the CEO. Awards In 2014, alizz Islamic bank had won 'The Best Branch Automation Project in the Middle East' held by the Asian Banker Awards. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ominvest
Oman International Development and Investment Company SAOG (commonly known as Ominvest) is an investment holding company based in Oman. It holds significant stakes in various Omani companies, ranging from financial services, property development, food, and the industrial sector. Ominvest's key subsidiaries are Oman Arab Bank (51 percent; the remaining owned by Arab Bank) and National Life & General Insurance Company (NLG), which contribute significantly to the company's earnings. Other investments include; finance companies National Finance Company and Oman Orix Leasing Company, food producer National Biscuit Industries, industrial companies Oman Chlorine, National Detergent Company and Modern Steel Mills, and tourism company Salalah Resorts. Internationally, the company has stakes in Dubai-based International General Insurance, National Finance House in Bahrain, and Budva Beach Properties in Montenegro. In 2015, the company merged with Oman National Investment Corp (ONIC). At ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arab Bank
Arab Bank is one of the largest financial institutions in the Middle East, founded in 1930 in Jerusalem, Mandatory Palestine, as the first private sector financial institution in the Arab world. Headquartered today in Amman, Jordan, it serves clients in more than 600 branches spanning five continents. Arab Bank is a publicly held shareholding company listed on the Amman Stock Exchange. The bank is a major economic engine in Jordan and throughout the Middle East and North Africa region, providing banking services and capital, and facilitating development and trade throughout the region. According to its website, the bank is the highest-ranked by market capitalization, and represents approximately 25% of the Amman Stock Exchange. U.S. appellate courts have ruled in the bank's favor in several lawsuits filed in the 2000s alleging its involvement in facilitating the funding of terrorist organizations. History Establishment (1940–1970s) In the 1940s and 1950s, the bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project Finance
Project finance is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of its sponsors. Usually, a project financing structure involves a number of equity investors, known as 'sponsors', and a 'syndicate' of banks or other lending institutions that provide loans to the operation. They are most commonly non-recourse loans, which are secured by the project assets and paid entirely from project cash flow, rather than from the general assets or creditworthiness of the project sponsors, a decision in part supported by financial modeling; see Project finance model. The financing is typically secured by all of the project assets, including the revenue-producing contracts. Project lenders are given a lien on all of these assets and are able to assume control of a project if the project company has difficulties complying with the loan terms. Generally, a special purpose entity is created ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Banking
Wholesale banking is the provision of services by banks to larger customers or organizations such as mortgage brokers, large corporate clients, mid-sized companies, real estate developers and investors, international trade finance businesses, institutional customers (such as pension funds and government entities/agencies), and services offered to other banks or other financial institutions. Wholesale finance refers to financial services conducted between financial services companies and institutions such as banks, insurers, fund managers, and stockbrokers. Modern wholesale banks engage in: * Finance wholesaling * Underwriting * Market making * Consultancy * Mergers and acquisitions * Fund management See also * Merchant banking * Retail banking * Commercial banking * Investment banking References {{reflist Banking Banking A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously maki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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