BankDhofar remains strong with BBB+ Fitch rating
- Oman: Tuesday, January 29 - 2013 at 09:49
- PRESS RELEASE
BankDhofar has been ranked BBB+ for Long-term and F2 for Short-term Foreign Currency ratings by FitchRatings. These ratings illustrate BankDhofar's strong yet prudent growth in the Oman, reinforcing them as a leading bank in Oman and one of the best in the Gulf.
Tony Mahoney, BankDhofar's CEO said, "This is a significant achievement for us as we have continued to develop the bank strongly in 2012 and with so many exciting projects which should deliver further good growth in 2013."
BankDhofar has big growth plans in place to achieve its goal to become the best bank in the Gulf under the banner "the best bank for you". There has been much activity at BankDhofar over the last 12 months. The bank has focused heavily on customer service, has opened 6 Business Banking Centres around the country supporting the SME ambitions of His Majesty (check best wording), has committed to a "housing loan available for drawdown within 5 days of application" has launched their best in class Prize Draw Savings Scheme, is soon to open its first Maisarah Islamic Banking branches, had their first anniversary of our Ladies banking service and has launched an Academy for the training of its staff.
These are just a few of the projects they have in the pipeline the development of a strong senior management team.
With all this energy in the air BankDhofar is destined for great things in 2013. The BBB+ Fitch rating demonstrates that BankDhofar is on track to be the best bank in the Gulf, the best bank for you.
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