NBO launches new children's account

MUSCAT: Continuing to bring new opportunities and create value, National Bank of Oman (NBO) has launched its new Children’s Account. Designed to help parents to save and plan for their children’s future and securing their higher education needs, increase their financial security, and achieve their goals, account-holders can enjoy a host of unique benefits like attractive returns on recurring deposits, free life insurance for parents or guardians, and saving in multiple currencies, with hands-on support at every step.

Maha al Raisi, Assistant General Manager and Head of Retail Products at NBO, said, “We aim to empower our customers throughout their financial journey, starting from the early years. Children under 18 make up approximately 43 per cent of the total Omani population and by encouraging them to be financially independent and save, we are ensuring that they are set up for success in the future, and in turn, are empowered to contribute to Oman’s socio-economic development. In addition, the children’s account offers discounts and exclusive offers at various outlets. All the while we are fulfilling our promise to help turn our customers’ ambitions to reality while building genuine partnerships with them that last a lifetime.”