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The Central Bank of Oman (CBO) was established in December 1974 and began operations on 1 April 1975. Until 1970, when Sultan Qaboos bin Said took over, there was no national authority responsible for the supervision of the incipient banking system. The number of banks was small and the banking activities were limited in scales. The two monetary authorities that preceded the establishment of the Central Bank of Oman, namely the Muscat Currency Authority in 1970 and the Oman Currency Board in 1972, were not vested with full banking status, but, they had well prepared the ground for the emergence of the Central Bank of Oman.

Bank Muscat is a financial services provider in the Sultanate of Oman providing corporate banking, retail banking, investment banking, treasury, private banking and asset management. The bank, with assets worth US$ 31.9 billion in 2018, has the largest network in Oman exceeding 150 branches.Bank Muscat was voted the ‘Best Bank in Oman’ for seven years by The Banker, FT London;[citation needed] nine years in a row by Global Finance and Euromoney. Bank Muscat is the recipient of the Hewitt recognition as the Middle East’s Best Employer 2009.

Alizz Islamic Bank (In Arabic: بنك العزّ الاسلامي) is a full-fledged Islamic bank operating in The Sultanate of Oman which launched on the 30 September 2013.Alizz Islamic Bank (SAOC) was established in accordance to Royal Decree No. 69/2012 which amended the banking law to include Islamic banking at licensed banks through either specialized banks or independent entities at the existing commercial banks. Founded in November 2012, Alizz Islamic Bank provides retail and corporate finance through branches, online (alizzislamic.com), and mobile devices. Alizz Islamic Bank is here to deliver exceptional and sustainable results to our stakeholders by providing superior Shari'a compliant financial solutions.

Bank of Beirut Banking Beyond Borders From the heart of Lebanon’s vibrant capital, bursting with life, Bank of Beirut saw light in 1963. Within a few years, the bank has grown to become one of Lebanon’s most prominent banks, with an extensive network serving its clients wherever they are.

FAB is the leading bank in the Middle East and one of the safest banks in the world. Our roots in Abu Dhabi give us a deep understanding of the dynamics of the Arab region and its connection to the world’s markets. And we aim to become the number one bank for anyone who wants to do business along the region.FAB Oman started its operations in 1976 by opening its first branch in the Muttrah Business District. It aims to provide full banking services targeting the Retail, Elite, Commercial and Wholesale market segments. Since it opened, the branch has facilitated business between Oman and the world whilst servicing customers with personalised products to meet their individual banking needs.

Since our establishment in 1964, QNB – previously known as Qatar National Bank until rebranding as QNB in 2004, has undergone a major transformation over the decades. However, our values have remained the same, and one of our main areas of focus is to play a leading role in supporting the development of Qatar. It is this role that continues to be our driving force today.

Ahli United Bank established in May 2000 following a merger between The United Bank of Kuwait and Al-Ahli Commercial Bank, and it is licensed by the Central Bank of Bahrain under a retail banking license. Following the merger, both entities became fully own subsidiaries of Ahli United Bank.