In celebration of the vibrant spirit and ingenuity of the nation’s youth, coinciding with Omani Youth Day, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, invites young individuals to discover its comprehensive range of products and services tailored to their unique needs. By offering exceptional digitized and Sharia-compliant banking solutions, Bank Nizwa underscores its commitment to empowering youth to establish strong financial foundations and embark on their financial journeys with confidence.
To mark the occasion, Bank Nizwa hosted a financial literacy workshop for the youth in Nizwa. The session provided valuable insights into the critical role of investments, various types of investment portfolios, among other Sharia-compliant banking solutions offered by Bank Nizwa. Through this initiative, the bank sought to empower participants with essential financial knowledge and skills, fostering a culture of prudent financial planning and investment within the community.
Reaffirming the bank’s commitment to bolstering the nation’s youth, Mohamed AlGhassani, Chief Retail Banking Officer at Bank Nizwa stated, “At Bank Nizwa, we are resolute in our dedication to supporting our youth by providing products and services that resonate with their values, fostering the development of prudent financial habits. We are attuned to the evolving needs of our youth customers and recognize the significance of creating solutions that simplify banking and transactions, in line with the latest trends and evolving needs. Our Sharia-compliant offerings for youth seamlessly integrate convenience and accessibility, reflecting our commitment to financial inclusivity, and delivering unparalleled banking experiences that reflect the ethos of Bank Nizwa.”
Among the solutions tailored for the youth is Bank Nizwa’s Youth Account which offers a range of benefits, aimed at enriching the experiences of young individuals, while fostering vital skills in money management and financial planning. With no minimum balance requirement, young customers can easily manage their finances while enjoying seamless access to the bank’s comprehensive digital banking services. In addition, customers receive sustainable debit cards, reflecting a commitment to environmentally friendly practices that resonate with the values of the youth. Attractive recurring deposit options further enhance the account’s appeal. Moreover, Bank Nizwa’s youth customers can enjoy exclusive discounts at coffee shops and a variety of special offers from partner vendors, elevating the overall banking experience.
Additionally, the bank recently introduced an Education Finance Bundle designed to support parents in nurturing the academic ambitions of their young adult children. The bundle includes Education Finance, covering university tuition with flexible installment plans; Auto Finance, enabling parents to acquire vehicles for their children and ensure safe transportation to university; and a Supplementary Credit Card allowing youth to manage monthly allowances.
To further elevate the banking experience for youth, Bank Nizwa provides robust digital banking solutions that enhance convenience for its customers. The user-friendly mobile banking app and the comprehensive internet banking platform facilitate seamless transactions, digital onboarding, streamlined finance applications, and a variety of additional services on the go.