Bank Dhofar

Interest and Deposit Rates


Forex Rates

Issue Date : OCT 13, 2016

Value Date : OCT 17, 2016

 

Currency Type Currency Name Our Selling Our Buying
AED UAE DIRHAM 0.105400 0.104000
AUD AUSTRALIAN DOLLAR 0.292800 0.287000
BDT BANGLADESH TAKA 0.004965 0.004867
BHD BAHRAINI DINAR 1.033700 1.015700
CAD CANADIAN DOLLAR 0.292700 0.286900
CHF SWISS FRANC 0.392900 0.385200
CNH CHINESE YUAN OFFSHOR 0.063330 0.062080
CNY CHINESE YUAN RENMINB 0.063420 0.062160
DKK DANISH KRONER 0.057630 0.056488
EUR EURO 0.428000 0.421500
GBP GREAT BRITAIN POUND 0.473000 0.465700
HKD HONG KONG DOLLAR 0.050100 0.049100
INR INDIAN RUPEE 0.005801 0.005750
JOD JORDANIAN DINAR 0.548600 0.537700
JPY JAPANESE YEN 0.003743 0.003670
KWD KUWAITI DINAR 1.286800 1.261300
MYR MALAYSIAN RINGGIT 0.092370 0.090540
NOK NORWEGIAN KRONER 0.047252 0.046317
NZD NEW ZEALAND DOLLAR 0.274500 0.269100
PKR PAKISTANI RUPEE 0.003720 0.003647
QAR QATARI RIAL 0.106700 0.105000
SAR SAUDI RIYAL 0.103400 0.102200
SEK SWEDISH KRONER 0.043962 0.043091
SGD SINGAPORE DOLLAR 0.280800 0.275200
USD US DOLLAR 0.387000 0.381000
ZAR SOUTH AFRICAN RAND 0.027240 0.026700


Deposit Rates
Interest Rates On Time Deposits

Rates as on June 29, 2015  

Currency 1month % 3months % 6months % 1year % 2years %
Omani Riyal 0.10 0.20 0.40 0.65 1.50
US Dollar 0.20 0.30 0.40 0.60 0.75
UAE Dirham 0.20 0.40 0.70 1.00 1.10
GB Pound 0.46 0.48 0.60 0.74 1.06
EURO 0.03 0.04 0.18 0.38 0.91
Japanese Yen 0.00 0.00 0.00 0.00 0.00
Australian $ 1.00 1.50 1.75 2.00 2.25
Canadian $ 0.00 0.00 0.00 0.00 0.50
Swiss Franc 0.00 0.00 0.00 0.00 0.00

Rate are quoted as percentage points per annum and applicable for the amounts upto equivalent of OMR 25,000

Rates For the amounts more than equivalent of OMR 25,000 for GBP, EURO, JPY, AUD, CAD and CHF are subject to prior approval from treasury.

Capital Markets

BankDhofar provides a broad range of investment banking services and solutions supporting domestic, regional companies and banks on their needs to borrow or invest in local or foreign currency for medium to long-term periods. Capital markets uses instruments mostly in International Money Markets, Equity Markets, Treasury and International Bond Markets.

Client-focused relationships

Strong client relationships lie at the heart of the Bank’s business. The Bank develops long-term collaborative relationships with its clients, to understand and anticipate the client’s capital markets needs. Clients receive focused support from relationship managers who take a hands-on approach to delivering personalized solutions to meet each client's unique requirements.

Structured Products

Structured products structures a principal guaranteed investment (deposit or note) in which, by waiving interest (or some interest), investors receive the yields from other investments such as share indices, exchange rates and/or interest rates.

These instruments add new dimensions to the investment world. Large and small institutional and private investors can take advantage of new investment opportunities not open to them in the past, while taking calculated risks, preserving the value of their money and refining the allocation of assets.

The service supports large Corporate and High Net Worth Individuals in diversifying their portfolio into Principal Guaranteed Products to match their desired investment goals. This is implemented by entering into combination of Foreign Exchange, Money Markets, Equities and Derivative instruments available in the market

Using structured products enables:
  • Low risk: principal guaranteed.

  • Taking advantage of market conditions and structuring attractive products that are compatible with currency trends, share indices, interest gaps and more.

  • Potential for deriving excess yields compared with existing alternatives.

  • Diversifying investment portfolios by investing (indirectly) in emerging markets and exotic products without risking the principal.

  • Hedging

Contact Details

For more information, please contact:

Imran Siddiqui
Acting Chief Dealer
Tel : +968 24 701052 Ext: 129
Email : iwsiddiqui@bankdhofar.com
Kalaimani Ramakrishnan
Treasury System Manager
Tel : +968 24 790466 Ext: 145
Email : k.krishnan@bankdhofar.com
Nasra Al Rashdi
Dealer
Tel: +968 24 790466 Ext: 137
Email: nrashdi@bankdhofar.com
Khalfan Al Mahrooqi
Dealer
Tel: +968 24 790466 Ext: 144
Email : kmahrooqi@bankdhofar.com
Basit Ahmed
Dealer
Tel : +968 24 798014 Ext: 128
Email : basitkhan@bankdhofar.com
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