National Bank of Oman (NBO) recently launched the trial version of its Eid note dispensing machine. According to Industry sources, his Excellency Taher bin Salem Al Amri, Executive President of the Central Bank of Oman, unveiled the machine in the presence of Abdullah Zahran Al Hinai, Chief Executive Officer of NBO, at the bank’s booth in COMEX 2024 at the Oman Convention & Exhibition Centre (OCEC).
Industry sources further, added that this initiative reflects NBO’s commitment to enhancing its customers’ experience by providing innovative services that facilitate their banking transactions. Through this innovative machine, the bank’s customers can seamlessly obtain their Eid notes.
According to Industrial sources, NBO has signed Memorandums of Understanding (MoUs) at COMEX 2024 marking the bank’s significant step taken in boosting digitalized innovation and collaboration in the financial sector.
Industry sources also added that the MoU signing ceremony, which featured prominent entities including Vodafone Oman, Zumr, and Al Jabr, led by NBO Chief Executive Officer Abdullah Zahran Al Hinai, highlights NBO’s commitment to delivering exceptional banking services.
Industry sources added that NBO has signed an agreement with Vodafone Oman to boost electronic payments for Vodafone’s customers, vendors, staff, and beneficiaries both locally and globally. The bank has also signed an agreement with Zumr to enhance financial inclusion for diversified segments of society. The Bank has also signed an MoU with Al Jabr, marking the launch of the ‘NBO Fintech Accelerator’. This initiative is designed to nurture startups and build sustainable business growth in Oman. It aims to inspire and support the nation’s youth, transforming new business ideas into successful enterprises with robust strategies, essential resources, mentorship, and networking opportunities.
