The results revealed that the Bank continued to achieve excellent financial results and growth in businesses, where net income increased by 11% and total assets 7%, compared to the end of 2018
Earlier, BankDhofar had worked with the Ministry of Health to open a bank account dedicated to support the cause, encouraging customers and the general public to donate and contribute to fighting the spread of the disease
The Bank, which was already following all MOH recommended sanitation protocols, has also started limiting the number of customers present in a branch at any given time and providing appropriate waiting arrangements to ensure customers are seated at least
The initiatives also included exempting all customers who applied for new financing products "auto finance, personal finance, or home finance" from fees by 50% in addition to withdrawing from ATMs and credit cards.
The Innovation Lab will host a myriad of opportunities by providing access to one-to-one mentoring, specialised workshops, and industry experts for local students, OAB staff and local, regional, and international Fintech companies.