Times of Oman
Nov 27, 2015 LAST UPDATED AT 07:51 PM GMT
Omantel network welcomes the first Islamic bank in the Oman
January 8, 2013 | 12:00 AM

Muscat: Omantel welcomed Bank Nizwa, the Sultanate's first Islamic bank to its network.

Bank Nizwa, the first bank to be granted a licence to provide non-conventional banking services in the Sultanate, announced recently the launch of its services catering to the needs of important segment of the Omani market.

Relying on Omantel services, the bank has connected its two branches located in Nizwa and Sohar with the bank's headquarters in Muscat through Omantel's advanced IPMPLS service in addition to leased lines with disaster recovery centres.

Commenting on this partnership, Tariq Al Farsi, general manager of Retail and Private Banking at Bank Nizwa said, "We are proud to be Omantel customer. Our decision to partner with Omantel reflects Bank Nizwa's commitment to providing customers with quality uninterrupted banking services.

"The opening of our first three branches in Muscat, Nizwa and Sohar will cater to the needs of an important segment of the market that is looking for non-conventional banking services."

Khalid Al Raisi, senior manager of Key Accounts Sales at Omantel Business said, "We are very pleased to welcome the first Islamic bank in the Sultanate to our network. It is the quality, reliability and diverse range of telecom solutions that have built Omantel's reputation among Oman's business community."

"Omantel's specialist Corporate Business Unit has the skills, experience and technology required to deliver tailored solutions to Oman's rapidly growing banking sector that has seen major expansion of networks and new entrants to the market," Al Raisi concluded.

Omantel Business is the dedicated unit providing advanced tailored solutions to meet the needs of corporate and government customers.

The solutions include a full suite of telecom and hosting services, to connect business to the customers and partners globally as well as locally.
The solutions leverage a state- of-the-art networks and systems. Omantel's MPLS service has received an ISO certification.

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