Bank Nizwa titled as ‘Strongest Islamic Retail Bank in Oman 2023’

By Shilpa Annie Joseph, Official Reporter
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Bank Nizwa titled as Strongest Islamic Retail Bank in Oman
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Bank Nizwa has been honored with the title of ‘Strongest Islamic Retail Bank in Oman 2023’ at the 9th edition of the Islamic Retail Banking Awards (IRBA) held in Manama, Bahrain.

This achievement the bank’s position as the leading and most-trusted Islamic bank in the Sultanate of Oman. The bank noted that “this marks the third consecutive year of receiving this accolade, following previous wins in 2022 and 2021.”

Further, the accolade is a testament to the bank’s commitment to achieving excellence through the innovation of groundbreaking products and services designed to cater to a wide spectrum of customers.

Commenting on the occasion, Mr. Mohamed Al Ghassani, Deputy General Manager of Retail Banking at Bank Nizwa, said that, “This distinguished accolade is a reflection of our dedication to delivering cutting-edge Sharia-compliant solutions to our expanding customer base. Our strides in retail banking, fueled by digitalization, pioneering financial solutions, and strategic collaborations, have helped us deliver superior levels of performance and robust results.”

“With innovation at the core of our endeavors, we are dedicated to spearheading financial solutions that not only propel the growth of the Islamic banking industry in the Sultanate but also resonate with the dynamic needs of our valued customers,” Mr. Al Ghassani further added.

The Islamic Retail Banking Awards is a distinguished platform that honors individuals and institutions for outstanding contributions to the Islamic retail banking sector. IRBA winners undergo a rigorous evaluation process and are assessed by an independent panel of experts based on the Cambridge IFA’s efficiency model.

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