Oman Arab Bank, which has increased its capital by RO50mn, aims to seize new opportunities for growth aligned with its long-term goals. Committed to national development, its priorities include expanding digital services and enhancing financial inclusion while strengthening its role as a trusted banking partner.

OAB held a discussion session at its headquarters in Muscat on October 22, bringing together media representatives for an open dialogue moderated by CEO Sulaiman Al Harthi. The session focused on the Bank’s ongoing initiatives and strategic directions for the coming period, shedding light on the successes it has achieved over the past years. Al Harthi affirmed the Bank’s commitment to enhancing innovation, pushing the exceptional customer experience it provides towards larger horizons, and achieving sustainable growth.

During the discussion, the CEO emphasised the importance of maintaining momentum in a dynamic economic environment, while adhering to the country’s future vision “Oman 2040,” which has become a roadmap for the future Omanis aspire to. He explained that the bank’s efforts focus on enhancing digital capabilities, supporting national talent, and raising the efficiency of operational processes in accordance with the highest international standards.

Al Harthi said, “At Oman Arab Bank, we believe that progress is built on trust, innovation, and partnership. Our initiatives are not only aimed at achieving sustainable financial performance, but also at empowering our shareholders, customers, employees, and communities. This panel discussion embodies our commitment and transparency to our customers, while maintaining an open dialogue with the media and the public, whom we consider the cornerstone of our ongoing success.”

He added that Oman Arab Bank’s priorities include expanding digital services, enhancing financial inclusion, and consolidating its position as a trusted banking partner for individuals and companies alike. With its remarkable success in increasing its capital by RO50mn over the past few weeks and achieving outstanding results in recent months, the bank will continue to explore new opportunities for cooperation and investment in line with its long-term development goals. The meeting also highlighted the bank’s role in supporting national development efforts through financing solutions for key sectors, comprehensive community programs, and partnerships that enhance innovation within the national financial system.

In addition, the CEO believes that at the heart of Oman Arab Bank’s strategy is a commitment to delivering an exceptional customer experience. From seamless digital services to personalized solutions, the bank continuously seeks to understand and anticipate the needs of its clients. By combining innovation with attentive service, OAB ensures that every interaction is efficient, meaningful, and aligned with the evolving expectations of its customers, reinforcing trust and long-term loyalty

OAB continues to invest in the development of national talent and leadership within the banking sector. With an Omanisation rate approaching 96 per cent, the Bank stands as one of the leading institutions in nurturing local capabilities. Its flagship “Ruwad Al Arabi” Leadership Development Program underscores this commitment by equipping future leaders from OAB and its strategic partners with advanced managerial and innovation skills. These efforts complement a range of graduate and career-building initiatives designed to attract and empower young Omani professionals across departments.

In parallel, OAB continues to strengthen its role as a key financial enabler across all segments of the economy, doing so from major corporates to SMEs through to entrepreneurs under its Tumouhi program. Tumouhi provides small businesses with access to financing, mentorship, and digital banking tools, reflecting the Bank’s commitment to supporting sustainable growth within Oman’s private sector. The Bank has also partnered with Oman Housing Bank (OHB) to enhance access to affordable housing finance through the national Iskan program, while continuously expanding its lending capabilities to meet the evolving needs of individuals and businesses alike.

On the digital front, Oman Arab Bank remains at the forefront of innovation with the introduction of advanced digital banking solutions, including SoftPOS, a mobile-based payment acceptance tool designed to empower small merchants and promote a cashless ecosystem. The Bank’s growing suite of online and mobile banking platforms ensures secure, seamless access to financial services anytime, anywhere. In alignment with the Sultanate’s broader financial-sector transformation, OAB is also closely supporting national initiatives such as the Domestic Card Scheme: Maal, reinforcing its commitment to digital inclusion and local value creation.

Through these strategic initiatives, Oman Arab Bank reaffirms its dedication to empowering communities, advancing financial innovation, and supporting Oman’s sustainable economic vision. With a focus on people, progress, and partnership, the Bank continues to shape a future built on trust and opportunity.  And by fostering engagement with the press, Oman Arab Bank aims to build greater awareness around its progress and ensure that its initiatives remain aligned with the evolving needs of the financial sector.