Latest news with #BankDhofar
Zawya
2 days ago
- Business
- Zawya
Experience financial freedom with BankDhofar's Youth Account
Muscat – BankDhofar, the second largest bank in the Sultanate of Oman in terms of branches, is empowering Oman's youth with its innovative Youth Account, designed to provide the tools and resources needed for financial success. Committed to supporting the next generation, the Bank offers a range of tailored benefits to help young adults navigate the world of finance with confidence. Recognising the unique needs of young people, BankDhofar has created a modern banking experience that combines convenience, accessibility, and valuable rewards. The Youth Account is a part of its ongoing commitment to promote financial inclusion and literacy through products that help young individuals kickstart their financial journeys. This account offers a suite of features designed to make banking easy and rewarding. From free mobile transfers to exclusive discounts, the Youth Account helps young adults manage their money effectively and build a strong financial foundation. Key benefits include up to four free mobile transfers each month, freedom and flexibility to manage funds with no minimum balance fees, and a globally accepted personalised vertical Visa Debit Card with enhanced security features for online shopping and international transactions. Account holders can also avail exclusive merchant offers and discounts across various categories, including beauty, lifestyle, shopping, leisure, and dining. The Youth Account provides access to different saving and deposit accounts, allowing young adults to start planning for their future financial goals. BankDhofar's extensive network of over hundred branches and 24/7 mobile and internet banking ensure convenient access to services anytime, anywhere. Commenting on the Youth Account, Amjad Iqbal bin Hassan Al Lawati, Chief Retail Banking Officer at BankDhofar , said 'We believe in empowering young people with the financial knowledge and tools they need to thrive. The Youth Account is a testament to this commitment, offering a range of benefits and resources to help them achieve their financial aspirations. We are proud to support Oman's next generation as they embark on their journey towards financial independence.' BankDhofar's Youth Account underscores its commitment to young customers, fostering financial responsibility and building long-term relationships. As the second largest bank in Oman in terms of branches, BankDhofar continues to shape the future of banking for generations to come. With a strong focus on growth, innovation, and customer satisfaction, BankDhofar achieved a net profit increase of 12.5% in 2024, reaching OMR 43.6 million compared to OMR 38.7 million in 2023. The bank continues to lead in digital transformation, being one of the first in Oman to introduce Apple Pay and Samsung Pay. Its commitment to modernization is further reflected in the deployment of wholesale cash deposit machines and the launch of Easy Biz, a digital collection and settlement platform. Additionally, BankDhofar continues to make significant strides in cybersecurity, reinforcing its dedication to safeguarding customer transactions and data. BankDhofar remains committed to providing a comprehensive range of banking solutions tailored to all segments of society, including women, youth, children, and high-income groups. With a network of 131 branches across Oman including Dhofar Isalmic , the bank ensures accessibility and superior service for its diverse clientele. The Youth Account is available to Omani nationals and expatriates aged 18-23. Interested customers can apply online or visit any BankDhofar branches.
Zawya
4 days ago
- Business
- Zawya
BankDhofar unveils campaign for a branding uplift under the slogan 'Innovation inspired by you"
MUSCAT: BankDhofar, the second largest bank by branch network size in Oman , has unveiled a campaign for a branding uplift under the slogan 'Innovation inspired by you", this is not just a slogan, but a way of working, We innovate today from your world, to create a financial future closer to you. More than just a change in look and feel, the brand uplift reflects BankDhofar's evolution into a forward-thinking financial partner, deeply attuned to the aspirations of its customers—individuals, entrepreneurs, and institutions alike. At the heart of this transformation lies a simple but powerful insight: true innovation begins with understanding people. The campaign emphasizes BankDhofar's commitment to listening, learning, and adapting to the ever-changing needs of its customers. By putting people at the center, the bank aims to design products and services that are not only innovative but also meaningful, intuitive, and transformative—helping customers achieve their financial goals at every stage of life. Said Juma Al Busaidi, Head of Marketing & Corporate Communication at BankDhofar said, At BankDhofar, what we offer is not just traditional banking services and products, but a true reflection of our customers' aspirations. He added : 'We always start from the market Where we analyze and study people's needs, monitor their changes, and learn from their experiences. From there, We design our services and products with them, not just for them. Because we believe that the best innovations begin with a deep understanding of our customers' worlds. Our 'Innovation inspired by you" campaign is not just a slogan, it's a way of working. We innovate today from your world, to create a financial future closer to you'. Under its new brand vision—to be Oman's most trusted, innovative, and inclusive financial partner—BankDhofar is adopting a global mindset while staying rooted in Omani values. The bank seeks to make banking simple, personal, and built for the future, offering a human-centric approach grounded in trust, empathy, and digital excellence. Far more than a cosmetic change, the brand uplift characterizes as a fundamental transformation in the bank's identity and approach. The shift reflects a move away from traditional service provision toward becoming a trusted partner in customers' financial journeys. From intuitive digital platforms to personalized financial guidance, the brand uplift is designed to offer seamless, secure, and empowering experiences—whether customers are managing everyday finances, scaling their businesses, or planning for the long term. A key part of this transformation is integrating cutting-edge technology with personalized service to create truly tailored banking experiences. Internally, the rebranding effort is aligning teams, processes, and customer touchpoints with the bank's values and long-term goals. The objective is to create a cohesive and emotionally resonant brand experience that strengthens relationships and builds long-term loyalty. As part of a broader strategic vision, BankDhofar is positioning itself as a catalyst for sustainable economic growth, digital transformation, and inclusive prosperity in Oman. The bank's purpose is clear: to empower people and businesses through trusted, innovative financial solutions that contribute to national progress. With the unveiling of its new brand uplift , BankDhofar signals the start of a new chapter—one that redefines what banking can and should be in the modern era. As it looks ahead, the bank remains steadfast in its commitment to sustainable growth, digital innovation, and putting people first in everything it does.
Zawya
5 days ago
- Health
- Zawya
Oman: BankDhofar launches its affordable and all-inclusive health insurance solutions
Muscat: More than just protection against illness, surgery, diagnostics, and hospitalisation, BankDhofar's health insurance products represent a holistic approach to safeguarding health and well-being. These solutions, which offer extensive coverage for individuals, families, and domestic workers, are made possible through a strategic partnership with Dhofar Insurance Company—one of the largest and most respected insurers in the Sultanate. Designed to provide flexibility, value, and peace of mind, they are available exclusively to BankDhofar account holders. These offerings form part of BankDhofar's bancassurance initiative, which combines its expansive branch network and digital infrastructure with Dhofar Insurance's underwriting expertise to deliver customer-centric insurance solutions. The health insurance portfolio is organised into four major categories, each tailored to meet the unique needs of different customer segments. The most popular is the Individual Health Insurance plan, which is offered in three tiers—Green, Silver, and Gold—each providing varying levels of coverage and benefits. Plans include inpatient and outpatient services, diagnostic tests, maternity, physiotherapy, optical and dental care, alternative therapies, and access to both local and international healthcare networks. Eligibility is open to Omani citizens and legal residents between the ages of 18 and 65, and children under 18 can be enrolled when at least one parent is included in the policy. For budget-conscious customers, BankDhofar offers the Affordable Health Cover plan. This solution caters to the general population, particularly salaried individuals and families seeking dependable coverage at competitive rates. The plan includes essential health benefits, making quality healthcare more accessible to a broader demographic. The third category is the Unified Health Insurance Plan, also known as 'Dhamani' Targeted at employees in the private sector, this scheme is being rolled out in phases as part of a national mandate. It is governed by a collaborative platform involving the Ministry of Health, Royal Oman Police, Finances Services Authority, healthcare providers, and third-party administrators. Completing the lineup is a specialised plan for household help—the Unified Domestic Worker Health Insurance. This convenient and cost-effective solution allows BankDhofar customers to provide health coverage for their domestic workers, an essential yet often overlooked segment of the workforce. BankDhofar's Bancassurance Department plays a central role in delivering these solutions. With a strong understanding of the Omani market, the Bank offers risk protection products that combine comprehensive coverage, excellent benefits, and competitive pricing. The Bank's extensive footprint of branches and service outlets across Oman ensures that customers have easy access to support and services wherever they are located. By choosing BankDhofar, customers gain access to a broad array of health insurance plans backed by Dhofar Insurance, ensuring their health and that of their loved ones is in safe hands. The launch underscores BankDhofar's dedication to safeguarding its customers' futures through innovative financial and insurance solutions that reflect its core values of trust, service, and security. © Muscat Media Group Provided by SyndiGate Media Inc. (
Zawya
5 days ago
- Health
- Zawya
BankDhofar unveils affordable, all-inclusive health insurance solutions
MUSCAT: More than just protection against illness, surgery, diagnostics, and hospitalization, BankDhofar's health insurance products represent a holistic approach to safeguarding health and well-being. These solutions, which offer extensive coverage for individuals, families, and domestic workers, are made possible through a strategic partnership with Dhofar Insurance Company—one of the largest and most respected insurers in the Sultanate. Designed to provide flexibility, value, and peace of mind, they are available exclusively to BankDhofar account holders. These offerings form part of BankDhofar's bancassurance initiative, which combines its expansive branch network and digital infrastructure with Dhofar Insurance's underwriting expertise to deliver customer-centric insurance solutions. The health insurance portfolio is organized into four major categories, each tailored to meet the unique needs of different customer segments. The most popular is the Individual Health Insurance plan, which is offered in three tiers—Green, Silver, and Gold—each providing varying levels of coverage and benefits. Plans include inpatient and outpatient services, diagnostic tests, maternity, physiotherapy, optical and dental care, alternative therapies, and access to both local and international healthcare networks. Eligibility is open to Omani citizens and legal residents between the ages of 18 and 65, and children under 18 can be enrolled when at least one parent is included in the policy. For budget-conscious customers, BankDhofar offers the Affordable Health Cover plan. This solution caters to the general population, particularly salaried individuals and families seeking dependable coverage at competitive rates. The plan includes essential health benefits, making quality healthcare more accessible to a broader demographic. The third category is the Unified Health Insurance Plan, also known as "Dhamani" Targeted at employees in the private sector, this scheme is being rolled out in phases as part of a national mandate. It is governed by a collaborative platform involving the Ministry of Health, Royal Oman Police, Finances Services Authority, healthcare providers, and third-party administrators. Completing the lineup is a specialized plan for household help—the Unified Domestic Worker Health Insurance. This convenient and cost-effective solution allows BankDhofar customers to provide health coverage for their domestic workers, an essential yet often overlooked segment of the workforce. BankDhofar's Bancassurance Department plays a central role in delivering these solutions. With a strong understanding of the Omani market, the Bank offers risk protection products that combine comprehensive coverage, excellent benefits, and competitive pricing. The Bank's extensive footprint of branches and service outlets across Oman ensures that customers have easy access to support and services wherever they are located. By choosing BankDhofar, customers gain access to a broad array of health insurance plans backed by Dhofar Insurance, ensuring their health and that of their loved ones is in safe hands. The launch underscores BankDhofar's dedication to safeguarding its customers' futures through innovative financial and insurance solutions that reflect its core values of trust, service, and security.
Times of Oman
6 days ago
- Health
- Times of Oman
BankDhofar launches its affordable and all-inclusive health insurance solutions
Muscat: More than just protection against illness, surgery, diagnostics, and hospitalisation, BankDhofar's health insurance products represent a holistic approach to safeguarding health and well-being. These solutions, which offer extensive coverage for individuals, families, and domestic workers, are made possible through a strategic partnership with Dhofar Insurance Company—one of the largest and most respected insurers in the Sultanate. Designed to provide flexibility, value, and peace of mind, they are available exclusively to BankDhofar account holders. These offerings form part of BankDhofar's bancassurance initiative, which combines its expansive branch network and digital infrastructure with Dhofar Insurance's underwriting expertise to deliver customer-centric insurance solutions. The health insurance portfolio is organised into four major categories, each tailored to meet the unique needs of different customer segments. The most popular is the Individual Health Insurance plan, which is offered in three tiers—Green, Silver, and Gold—each providing varying levels of coverage and benefits. Plans include inpatient and outpatient services, diagnostic tests, maternity, physiotherapy, optical and dental care, alternative therapies, and access to both local and international healthcare networks. Eligibility is open to Omani citizens and legal residents between the ages of 18 and 65, and children under 18 can be enrolled when at least one parent is included in the policy. For budget-conscious customers, BankDhofar offers the Affordable Health Cover plan. This solution caters to the general population, particularly salaried individuals and families seeking dependable coverage at competitive rates. The plan includes essential health benefits, making quality healthcare more accessible to a broader demographic. The third category is the Unified Health Insurance Plan, also known as 'Dhamani' Targeted at employees in the private sector, this scheme is being rolled out in phases as part of a national mandate. It is governed by a collaborative platform involving the Ministry of Health, Royal Oman Police, Finances Services Authority, healthcare providers, and third-party administrators. Completing the lineup is a specialised plan for household help—the Unified Domestic Worker Health Insurance. This convenient and cost-effective solution allows BankDhofar customers to provide health coverage for their domestic workers, an essential yet often overlooked segment of the workforce. BankDhofar's Bancassurance Department plays a central role in delivering these solutions. With a strong understanding of the Omani market, the Bank offers risk protection products that combine comprehensive coverage, excellent benefits, and competitive pricing. The Bank's extensive footprint of branches and service outlets across Oman ensures that customers have easy access to support and services wherever they are located. By choosing BankDhofar, customers gain access to a broad array of health insurance plans backed by Dhofar Insurance, ensuring their health and that of their loved ones is in safe hands. The launch underscores BankDhofar's dedication to safeguarding its customers' futures through innovative financial and insurance solutions that reflect its core values of trust, service, and security.
