The 32nd Annual Meetings of the Association in 2009 will be held in Muscat , Oman and will be hosted by the Oman Development Bank (ODB) . Representatives of the Bank attending the ADFIAP annual meetings in Tehran, namely, Mr. Hilal Hamed Abdullah Al Hasani, Member of the Board of Directors, Mr. Eid bin Khair Mohamed Ramadhan Al Balushi , Asst. General Manager, Corporate Banking and Mr. Issa Ali Al-Sabbagh , Company Secretary and Legal Advisor, were at hand to observe the proceedings of the annual meeting and to promote the event to be organized in the Omani capital next year.
ODB, the only ADFIAP member in the Arab world, was formed by merging the Oman Development Bank and Oman Bank for Agriculture and Fisheries (OBAF) with paid up capital of RO 20 million by the Government of Oman. The two banks were specialized in financing various development projects in different economic sectors, but excluding commercial trading activities.The mission of ODB is to enhance development in various sectors of the economy, in line with the goals of the government that aim to diversify the source of national revenue. Its mission is made possible through the Bank’s services that satisfy the financial needs of its clients. ODB’s website is at https://www.odboman.net/.