Best private bank: National Bank of Oman
National Bank of Oman (NBO) saw very strong financial performance over the review period, led by its impressive product offering and portfolio management solutions.
The bank’s assets under management surged by 259%, while net new assets grew by 10%. As the first in Oman to introduce structured investment and capital-guaranteed products, the bank offers returns up to 24%.
The ultra-high-net-worth segment has expanded, with clients increasingly transferring their assets from Swiss banks to benefit from NBO’s performance.
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