The Large Corporate Banking Unit under Wholesale Banking Division focuses on servicing commercial ventures of individuals and corporates having turnover more than OMR 5 Million and minimum exposure of OMR 1 Million with a view to provide the large corporates with superior services, customized Banking products to suit individual clients need and to ensure fast turnaround times of their loan requests. The unit caters to the domestic and overseas needs of large corporates by offering a wide range of corporate finance products ranging from traditional working capital finance to syndicated project finance.
This segment will include corporate entities and business set up as a company under the Commercial Companies Law and would include the following types of entities among others:
Joint stock Companies (SAOG/ SAOC)
Limited Liability Company (LLC)
High Net worth Individuals (HNIs)/Sole Proprietorships
The Unit’s clients in this segment include multinational companies and domestic companies engaged in activities across all sectors of the economy such as Contracting, Trading, Power, Water, Telecommunications, Oil & Gas, Aviation, Shipping, Airport and Ports, Gas & Petrochemicals, Real Estate etc.
The Corporate Banking Unit works with the customer in understanding their often-complex business needs and suggests comprehensive and integrated solutions that meet their requirements.