2022-09-27

NBO LAUNCHES NEW CHILDREN’S ACCOUNT

Muscat, 26 September 2022 – Continuing to bring new opportunities and create value,
National Bank of Oman (NBO) has launched its new Children’s Account. Designed to
help parents to save and plan for their children’s future and securing their higher
education needs, increase their financial security, and achieve their goals, account-
holders can enjoy a host of unique benefits like attractive returns on recurring deposits,
free life insurance for parents or guardians, and saving in multiple currencies, with
hands-on support at every step.

Maha Al Raisi, Assistant General Manager and Head of Retail Products at NBO,
said,  “We aim to empower our customers throughout their financial journey, starting
from the early years. Children under 18 make up approximately 43% of the total
Omani population and by encouraging them to be financially independent and save,
we are ensuring that they are set up for success in the future, and in turn, are
empowered to contribute to Oman’s socio-economic development. In addition, the
children’s account offers discounts and exclusive offers at various outlets. All the
while we are fulfilling our promise to help turn our customers’ ambitions to reality
while building genuine partnerships with them that last a lifetime.”

NBO provides a full suite of innovative and high-quality banking solutions that keep
pace with the needs of its customers of all demographics, whether young or adult,
Omani or expat, private or premium, individual or corporate. Information about NBO’s
accounts, products and exclusive benefits can be found on www.nbo.om , by contacting
the NBO Call Centre, or by downloading the free NBO Mobile App.

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