About Banks sector in Oman
The Banks sector in Oman comprises 17 companies, including 6 funded companies having collectively raised $995M in venture capital money and private equity. Out of these, 1 is Series A+ funded.
Banks sector in Oman has seen 1 IPO. This represents almost 5.9% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies that are licensed to offer core banking services such as bank accounts, deposits, and loans to individuals and institutions.
Banks sector is also known as Consumer bank or Consumer Banks.
Companies included in Banks
All banking institutions including universal banks, special purpose banks, and co-operative or mutual banks including building societies, credit unions, savings banks, savings and loan associations among othersCompanies excluded in Banks
All financial institutions that are not licensed to operate as a bank including lending NBFIs, investment banks, export-import banks among othersKey Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Also known as
Consumer bank or Consumer Banks
Top Banks Companies in Oman
There are more than 17 companies in Banks in Oman. Bank Muscat is the top Banks company in Oman, ranked using Tracxn Score (what's this?).
Here are 5 of the top Banks companies in Oman:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Commercial bank | Muscat (Oman) | 1982 | Public | $195M | |
Retail bank | Muscat (Oman) | 1973 | Funding Raised | - | |
Commercial bank | Sohar (Oman) | 2007 | Funding Raised | - | |
Islamic Bank | Muscat (Oman) | 2012 | Seed | - | |
Commercial bank | Muscat (Oman) | 1984 | Unfunded | - |
Companies founded year-on-year in the Banks sector in Oman
2 Banks startups in Oman were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | 2 |
2019 | - |
2018 | - |
2017 | - |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Funding Trends in the Banks sector in Oman
Total funding year-on-year in the Banks sector in Oman
The Banks sector in Oman saw a total funding of more than $995M in the last 10 years. The most amount of funding was in 2022 at more than $400M.
- Total Funding
Year | Total Funding |
|---|---|
2022 | $400M |
2020 | $100M |
2019 | $300M |
Recent Funding Rounds in Banks in Oman
In the year 2019, till July 2019, Banks companies in Oman have raised equity funding across 1 round.
Here are some recent, important funding rounds in Banks companies in Oman:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 3661 | Jul 03, 2019 | ||
Series D | 2877 | Feb 20, 2013 |
Top Investors in Banks in Oman
Jabreen Capital is the top investor in Banks companies in Oman based on number of companies invested.
Here are some top investors in Banks companies in Oman:
IPOs in Banks in Oman
In the year 2005, till October 2005, 1 IPO happened in Banks sector in Oman.
Here are some recent, important IPOs in Banks sector in Oman:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 05, 2005 | London Stock Exchange (LSE) |
Top News in Banks in Oman
•
Meethaq Islamic Banking from Bank Muscat launched Sharia compliant “Meethaq Equity Fund”EIN Presswire•Aug 05, 2024•Meethaq
•
The First of Its Kind: Ahli Islamic Introduces First Sharia-Compliant Money Market FundFintech Finance•Apr 04, 2024•Ahli Islamic
•
•
•
Banks of Oman and India join hands to simplify money transferEIN Presswire•Oct 03, 2023•National Bank of Oman, Federal Bank
•
•
•
•
•
