NBO board recommends 20 per cent dividend

30/01/2018 06:08 AST

National Bank of Oman's board has recommended a cash dividend of 15 per cent and a stock dividend of 5 per cent.

The stock dividend is equivalent to one share for every 20 shares held, according to a disclosure statement posted on MSM website.

The dividend proposal is subject to the approval of the Central Bank of Oman and subsequently the shareholders of the bank at the annual general meeting proposed to be held on March 25, 2018. The board also approved the bank's financial statement for 2017.

Times of Oman

News

National Bank of Oman CEO Al Musalmi resigns

23/02/2018

Ahmed bin Jaffar Al Musalmi, Chief Executive Officer of the National Bank of Oman (NBO), has resigned from his post, the bank confirmed on Thursday.

In a statement released online, the ban

Times of Oman

NBO registers OMR44m net profit

17/01/2018

National Bank of Oman (NBO) said that its net profit for 2017 stood at OMR44 million, down from OMR55.8 million posted in the previous year. The bank's loans, advances and financing activities for c

Times of Oman

NBO opens new headquarters

12/11/2017

The National Bank of Oman (NBO) opened its spectacular new headquarters building at a glittering function last week.

The unveiling ceremony was held at a special event under the auspices of

Oman Daily Observer