HSBC Oman to hold talks for potential merger with local rival
HSBC Bank Oman is set to hold initial talks with local rival Sohar International Bank to discuss a potential merger.…
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Oman’s BankDhofar completes digital transformation with Infosys Finacle
Omani lender BankDhofar has completed its three-phase digital transformation leveraging Infosys’ Finacle Digital Banking Suite. The programme is aligned with…
Bank Nizwa forms IT & Cybersecurity committee in Oman
Bank Nizwa has established an IT & Cybersecurity board committee to strengthen its digital presence in Oman. This is a…
Qatar’s Commercial Bank to buy additional stake in National Bank of Oman
Qatar’s Commercial Bank has offered to acquire an additional 15.2% stake in the National Bank of Oman for $128m (OMR49.4m).…
Oman’s BankDhofar joins RippleNet to enable remittances to India
Omani lender BankDhofar has entered into a partnership with Ripple to enable remittances to India. The lender joined Ripple's payment…
Oman Arab Bank introduces NFC technology for faster ATM transactions
Oman Arab Bank (OAB) has deployed near field communications (NFC) contactless card-reading technology to enable faster ATM transactions. The lender…
Sohar International taps Diebold Nixdorf for digital overhaul
Oman’s Sohar International has partnered with US-based technology company Diebold Nixdorf to provide digitised self-service solutions to its customers. Under…
Dubai, Oman financial regulators ink cooperation agreement
The Dubai Financial Services Authority (DFSA) has inked a Memorandum of Understanding (MoU) with the Central Bank of Oman to…