BankDhofar Launches Numo, Offering SMEs Dedicated Support and Digital Tools

BankDhofar  has officially launched Numo, its new dedicated brand for SME banking services, marking a significant step in strengthening support for small and medium-sized enterprises in the Sultanate. The launch took place at a special event held under the patronage of H.E. Dr. Khamis bin Saif Al Jabri, Chairman of the Oman Vision 2040 Implementation Follow-up Unit, highlighting the strategic importance of SMEs as a driver of sustainable economic growth in Oman.

Through Numo, BankDhofar aims to support businesses at every stage of their journey—from early ideas to scaling products for regional and global markets—by offering specialized, integrated banking solutions tailored to SME needs. The initiative aligns with Oman Vision 2040’s economic diversification goals and reinforces the bank’s broader SME and corporate banking strategy.

On the sidelines of the launch, BankDhofar signed a cooperation agreement with the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) to simplify and accelerate transactions for SME customers. Under the agreement, SMEs banking with BankDhofar will be able to access a wide range of government services through Sanad offices located across all governorates and wilayats in the Sultanate. The agreement was signed by Ahmed bin Said Al Ibrahim, Chief Government Banking Officer at BankDhofar, and H.E. Dr. Saleh bin Saeed Masan, Undersecretary for Commerce and Industry at MoCIIP.

Numo goes beyond a traditional business account by offering a comprehensive suite of SME-focused products and services. Positioned as a transformational banking partnership, the brand brings together customized financial solutions, dedicated relationship management, digital banking tools, and specialized SME centers designed to help entrepreneurs operate with greater speed, clarity, and confidence.

Recognizing that Omani entrepreneurs are ambitious yet often time-constrained, Numo was developed to address the real-world pressures and aspirations of business owners. The proposition is growth-focused and designed to evolve alongside businesses, delivering relevant products and services at each stage of development.

Central to the offering are Numo SME Centers located across Oman, which connect entrepreneurs to relationship managers, expert guidance, and hands-on support. SMEs can access a full range of services, including business accounts, payment solutions, cards, and salary processing, all tailored to today’s dynamic business environment and diverse commercial activities.

For startups and entrepreneurs, Numo’s digital banking solutions enable seamless financial management from anywhere, offering instant transfers, secure access, and efficient salary processing. Advanced POS solutions provide secure and smooth payment management, while the integrated Wage Protection System (WPS) ensures compliant and simplified salary disbursement.

Through the launch of Numo, BankDhofar positions itself as a trusted long-term partner for SMEs, reinforcing its commitment to empowering business owners with the tools, support, and confidence needed to grow, compete, and succeed in Oman’s evolving economy.