NBO named Oman’s best private bank at global event

In recognition of its efforts to offer a best-in-class private banking and wealth management services, National Bank of Oman (NBO) has been named Best Private Bank Oman 2022 in the World Economic Magazine Awards.

NBO offers a full suite of Private Banking Solutions, a portfolio of investment and wealth management products and services including global investment funds and structured products.

Last year, the bank also launched its innovative wealth management portal, a first-inthe-market platform that enables customers to seamlessly manage their finances and access a growing range of enhanced services.

“We are delighted to be recognised for our commitment to innovation and providing a best-in-class service to our customers,” said Ali Mustafa, Head of Private Banking at NBO. “The bank has a long history of introducing new concepts to Oman and our products have always been well received by customers and the wider financial sector.

“We will continue to evolve our products and look for new opportunities to offer higher levels of service, increased investment, wealth management and financial planning options in order maximise returns and set new standards for wealth management.”

Opening up new opportunities for high-net-worth customers, NBO’s Private Banking proposition provides comprehensive and holistic solutions tailored towards their unique objectives, all delivered with complete privacy and confidentiality.

Leveraging the latest technology, industry insights and analysis, courtesy of its team of consultants, it offers customers the opportunity to invest in a wide range of professionally managed products to take advantage of market opportunities.

Other products and services include securities brokerage, Systematic Investment Plan, global investment advisory, trade execution, wealth planning, trust services and financing across a range of options, covering traditional as well as specialist solutions.

NBO’s unique Wealth Management products have an impressive track record of success, having received Highly Acclaimed status at the Global Private Banker Awards 2021 and the award for Best Private Bank, Middle East from Digital Banker’s Global Private Banking Innovation Awards 2020.

Available in branch as well as through NBO’s mobile app, the bank provides its premier customers with better ways to build and manage their wealth effectively and achieve their longterm financial goals.