Bank Nizwa SAOG provides commercial banking products and services to individuals, government sector, government owned entities, corporate and commercial clients, and small-and-medium-enterprises. The company operates in three segments: Retail Banking, Corporate Banking, and Treasury and Investment Banking. It offers personal banking products and services, including current, savings, recurring deposit, and Mudaraba investment accounts; personal, auto, property, and commercial finance for individuals; debit and credit cards; and wealth management services. The company also provides corporate and commercial banking products and services comprising Murabaha facility to finance the purchase of goods required by corporates; Ijara facility for medium to large company expenditures; trade services products, such as imports, exports, guarantees, and trade finance; Islamic project finance solutions; and current accounts, and Mudaraba or Wakala investment accounts. In addition, it provides international banking services, including the issuance of letters of credit; confirmation of letters of credits in favor of Omani corporates; issuance of letters of guarantee against the counter guarantee of its correspondent banks; remittances to bank or non-bank beneficiaries; syndications with other financial institutions; import trade facilities; and pre-export financing for financial institutions.
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