NBO holds first board meeting of 2018 in Doha

A high level delegation of National Bank of Oman (NBO) board members and senior management has held their first board meeting of 2018 in Doha at Commercial Bank Plaza. Sheikh Abdullah bin Ali bin Jabor al-Thani, chairman of the board of directors of Commercial Bank, and vice-chairman of National Bank of Oman said, “We are looking forward to greater collaboration and integration under our strategic alliance with NBO to ensure our businesses are aligned and deliver benefits that will be felt by our stakeholders in both Qatar and Oman.’’Ahmed al-Musalmi, NBO chief executive officer said, “Holding NBO’s board meeting in Doha is part of a tradition of dialogue and collaboration between NBO and Commercial Bank. This close working relationship enables our two banks to create synergies and ultimately advance our overall strategic objectives.”Commercial Bank has a strategic alliance with the National Bank of Oman and holds a 34.9% stake. NBO is the second largest bank in Oman and has many branches in the sultanate.