As part of its continuous commitment to the community, Bank Nizwa recently partnered with two schools in Wilayat Dima Wa Al Tayeen and Wilayat Al Seeb to celebrate Teacher’s Day. Reflecting its longstanding support to educators in the Sultanate, Bank Nizwa paid tribute to more than 150 teachers for the important role they play in shaping and developing Omani society.
Reflecting its strong dedication to become the financing platform of choice for entrepreneurs, Bank Nizwa’s SME & Commercial Banking has achieved strong growth during the year 2016. The department’s advisory services have been instrumental in helping a wide range of businesses adopt the most effective financial management practices and sustain business growth in a very cost effective manner. With a dedicated and well experienced team in place, the department is set to continue introducing tailored products and services in 2017 that will contribute to the sustainable growth of the bank’s assets.
Bank Nizwa’s Shari’a Supervisory Board held its 19th meeting since inception to review and assess the bank’s overall Shari’a Governance Framework. During the meeting, which was led by Chairman Sheikh Dr. Abdul Sattar Abou Ghuddah, the Shari’a Board approved proposals for the introduction of new products and business propositions to meet the evolving sophisticated financial needs of its growing customer base.
As part of its long-standing commitment to empower educators with opportunity, Bank Nizwa sponsored and participated in a career development program designed to enhance the skillsets of teachers. Held under the patronage of Mr. Sulaiman bin Abdullah Al Salmi, General Manager in the Directorate General of Education, Governorate of Dakhiliyah, the event was organized by Union of Izki Schools at University of Nizwa. The program was also attended by a delegation from the Directorate, as well as 350 educators from across Oman.
Reflecting its position as the Sultanate’s leading Islamic financial institution, Bank Nizwa was named the ‘Best Performing Islamic Bank in Oman’ for the second year in a row during the 23rd Annual World Islamic Banking Conference (WIBC).
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