Arab Banking Associations & Unions
- Chairman: Mr. Mr. Waleed Al Hashar
- Chief Executive Officer: Mr. Ali Hassan Moosa
- Country: Sultanate Of Oman
- Establishment Date: 21/05/2014
- Headquarters Address: OMINVEST Building, 4th floor, Office No. 401, Way Number 99, Muscat Hills, Muscat, Sultanate of Oman
- P.O. Box: 2287, P.C: 133
- Tel.: (+968)-24951666
- Website: omanbanksassociation.com
- E-mail: admin@omanbanksassociation.com
- Membership in the UAB: Non Member
| Objectives & Functions |
|---|
| Protect the reputation of the banking sector through working with the Central Bank and all banks. |
| Seek to apply full transparency through the application of domestic and international banking rules in cooperation with the Central Bank and all banks to present the position of the Sultanate as a regional and global financial hub. |
| Promote the activities of banks in Oman at the local and international levels. |
| Support training and vocational qualification programs in the banking sector. |
| Work as a meeting point and a channel of communication among Licensees and other parties on matters and issues of concern to the banking sector. |
| Develop strategies and initiatives towards the development of the status of the Sultanate and its reputation in the banking sector on the global level. |
| Strengthen the links between executives in the banking sector through the formation of specialized committees, membership of stakeholders and specializations of various banks. |
| Coordinate with the Central Bank and all banks to develop a Code of Best Practices on Credit Facilities granted to clients and bank charges to ensure conformity with the interests of banks clients. |
