Meethaqlassetslreachlro1.7bnlas th itlcelebratesl10 anniversary
’eethaqi–slamicitankingifrom tanki’uscatiannouncedithatiits totaliassetsireachedirocyicbniat theiendiofithirdiquarteriofidbddv thanksitoirobustiandiconsistent growthirecordedioveritheipast teniyearsy
Sinceiitsiinceptioniinidbcdv ’eethaqqsitotaliassetsigrewiatia compoundiannualigrowthirate Rusyrsiofickipericentyitheileadw ingi–slamicibankingiservices provideriiniomanihasibeeniconw tributingitoichangingitheilandw scapeiinitheisultanate’sibanking sectory
Theisuccessesiandiachievew mentsiofi’eethaqiinipartnering initheigrowthiandidevelopment ofiomaniwereihighlightediduring aimediaivisitiwhichiwasiorganw isedionisundayiatitanki’uscat headwofficeitoicelebrateiitsicbth anniversaryy
Totalifinancingibyi’eethaq hasihitirocygbnimarkiasiofithe endiofithirdiquarterithisiyearv
achievinginearlyiebipericent marketishareiiniomanqsitotali–sw lamicifinancingiactivitiesyi–tsitotal financingigrewibyiaiusyrioficj pericentisinceiinceptiony
’eethaqqsitotalideposits reachedirocydhbniinitheiendiof thirdiquarteriofidbddvirecording aiusyriofifiipericentisinceiinw ceptionyitanki’uscatqsi–slamic bankingiwindowireportediainet profitiofirokykmniforitheifirst
nineimonthsiofidbddy
Throughimultipleistepsiand initiativesvi’eethaqitodayioffers aifullisuiteiofishariawcompliant retailvicorporateibankingiand wholesaleibankingiproductsiand servicesitoiitsiwideirangeioficusw tomersiwhetheritheyiareiindividw ualsvicorporatesiorigovernment andiprivateisectoriinstitutionsyi–t hasibeeniactivelyisupporting Oman’sieconomicidevelopment
withiitsieverwgrowingisuiteiofi–sw lamicifinanceiproductsiandiservw icesy
’eethaqihasiestablishedithe largesti–slamicibranchinetworkiin Omaniconsistingioficdibranches ini’uscatiandicdibranches acrossiotherigovernoratesyi–tihas aidedicatedinetworkiofioverifb st’sauv’siwhileialsoiprovidw ingifreeiaccessitoiaboutijbb st’siandiuv’siofitanki’usw catiacrossitheicountryy
Speakingionitheioccasionv Samiisrfahitaitirashidviassistant generalimanageri–i’eethaqiperw sonalitankingviexplainediabout theiproductsviservicesiandibankw ingifacilitiesithati’eethaqioffers toiitsiretailicustomersyizeisaid thati’eethaqiisicommittedito continuousiinvestmentsiinithe latestitechnologiesitoiincrease theiefficiencyiofiservicesviprodw uctsiandiimprovedicustomer servicesviwithiaifocusioniaimultiw channeliapproachitoienhanceiefw ficienciesianditoilaunchinew productsiandiservicesiwhich meetibothitheicurrentiandifuture needsioficustomersy
Speakingiabouti’eethaq’s contributionsitoitheicorporate bankingispacevisliishmedial ‘awativiassistantigeneralimanw ageriwi’eethaqiuorporateitankw ingviexplainedihowi’eethaqiis playingianiessentialiroleiinisupw portingitheieconomicisectoriin generalianditheiindustrialisector iniparticulary
zeisaidvi“’eethaqiisitheiprew ferredichoiceiforicompanies whetheriinitheiinvestmentiside oribenefitingifromitheibanking facilitiesyi’eethaq’silargeisuiteiof cuttingwedgei–slamicibankingiofw feringsiincludeiprojectifinancingv workingicapitalifacilitiesvitradeifiw nancingviaccessitoitheilargesti–sw lamicibankingibranchinetworkiin theisultanateviandidigitalibanking facilitiesy”
ssipartiofiitsialignmentito Omanivisionidbfbianditheicbth fivewyearidevelopmentiplanv ’eethaqiisiprovidingibanking andifinancialiservicesiandifaciliw tiesitoidiverseiandivitalisectors includingimanufacturingviagriculw turevifisheriesviminingvilogisticsv educationviandiscientificirew searchy
‘awatiialsoistressedionithe importanceiofis’wsiandisustainw ableidevelopmentiforiomanyize saidi’eethaq’sishariahwcompliw antis’wisolutionsiareiwellidew signedibyikeepingiinimindithe essentialiroleithatis’wsiplayiin supportingitheisultanate’sieconw omyiandioman’sidbfbivisiony