Oman- OAB's Al Yusr Islamic Banking inaugurates branch in Azaiba

5/25/2016 4:54:27 PM

(MENAFN- Muscat Daily) Muscat-

Al Yusr Islamic Banking, the Sharia'a-compliant window of Oman Arab Bank, has added another convenient location to its growing network with the launch of a new flagship branch in Azaiba.

Designed to offer customers a second to none banking experience, the recently opened branch will also serve as Al Yusr's corporate head office.

Abdul Qader al Balushi, general manager of Al Yusr Islamic Banking, said, 'The surge in demand for the Sharia'a-compliant solutions we offer directly inspired the development of this strategically located branch. Customers in and around Azaiba can enjoy a unique banking experience with full access to our complete range of Islamic finance products and services all under one roof. The property will also function as our new independent head office and will be home to the entire Al Yusr management for added customer convenience.'

Amin al Husseini, chief executive officer of Oman Arab Bank, said, 'The expansion of Al Yusr continues to represent a significant milestone for the entire OAB family. This reflects our collective determination to achieve growth and expansion targets through the delivery of world-class banking solutions. I am confident that the new branch will enable Al Yusr to reach more customers looking for an innovative Islamic banking offering.'

The new branch will provide a full array of Sharia'a-compliant retail and commercial banking solutions, including current and savings accounts, fixed deposits and investment accounts, real estate finance for retail and corporate segments, auto finance for retail and corporate customers, and trade finance services. Small and Medium Enterprises (SMEs) will also be catered to with a comprehensive range of products tailored specifically to their needs.

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