NATIONAL BANK OF OMAN - UNLOCKING OPPORTUNITIES, AS ONE
National Bank of Oman SAOG (“NBO” or the “Bank”), licensed by CBO & CMA, was the first incorporated Bank in the Sultanate of Oman (“Oman”)-established in1973 as a joint stock company, providing conventional and Islamic banking services. The Bank’s shares are listed on the Muscat Securities Market (“MSM”). The Bank operates via five main segments, namely, retail banking, corporate banking, investment banking, treasury and international banking, and Islamic banking.
OUR VISION
Our vision is to be the bank of choice. We are committed to meeting and exceeding the expectations of our customers, employees, shareholders and the community, ensuring quality, efficiency, excellence and accountability at all times.
OUR VALUE
| Authentic, First and Foremost | Creating Value Through Connection | Relentlessly Pioneering | Pursuing Simplicity |
| We reflect the true Oman, welcoming everyone into our family; it's in our heritage to build and nurture strong relationships. | We're collaborative and resourceful, proactively finding synergies as a team that help us bring new opportunities and create value. | We never rest, always looking to grow, learn and find new ways that push the boundaries of what's possible. | We're constantly trying to make every interaction and experience simpler and more seamless. |
| Currency | OMR |
| Previous Close | 0.29 |
| Change (%) | 0.00 |
| Volume | 0 |
| Number of shares (mln) | 1,625.95 |
| Market capitalisation (mln) | 471.52 |
| Key Annual Figures | 2021 |
2022 |
2023 |
|---|---|---|---|
| Statement of Financial Position (RO Mn) | |||
| Total assets | 4,081 | 4,294 | 4,822 |
| Total liabilities | 3,526 | 3,653 | 4,147 |
| Total equity | 555 | 641 | 675 |
| Statement Of Profit Or Loss And Other Comprehensive Income (RO Mn) | |||
| Net interest income | 87 | 98 | 104 |
| Operating income | 123 | 138 | 146 |
| Total operating expenses | (63) | (61) | (62) |
| Profit for the year | 30 | 48 | 58 |
| Statement Of Cash Flows (RO Mn) | |||
| Net cash from/(used in) operating activities | 253 | (143) | 329 |
| Net cash from /(used in) investing activities | (81) | 65 | (28) |
| Net cash from / (used in) financing activities | (9) | 36 | (25) |
| Cash and cash equivalents at the end of the year | 265 | 356 | 632 |
| Key Indicators | |||
| Basic and diluted earnings per share (RO) | 0.013 | 0.024 | 0.028 |
| ROE (%) | 5.53 | 8.21 | 8.80 |
| ROA (%) | 0.77 | 1.14 | 1.27 |
| Cost to Income (%) | 51.48 | 43.78 | 42.44 |
| Net interest margin (NIM) (%) | 2.61 | 2.75 | 2.70 |
| NPL ratio (Non-performing loans ratio) (%) | 5.3 | 4.9 | 4.5 |
| NPL Coverage (Provision coverage ratio) (%) | 90.1 | 93.4 | 99.5 |
| Liquid Asset Ratio (%) | 21.3 | 18.3 | 26.3 |
| CAR (Capital adequacy ratio) (%) | 15.7 | 16.9 | 16.9 |
| CET 1 (Core equity tier 1) (%) | 11.8 | 11.9 | 12.1 |
