Award Winners
BANCO INTERNACIONAL
BANK NIZWA
BANNER ASSET MANAGEMENT
Founded in Chile in 1944 as Banco
Launched in January 2013, Bank Nizwa
Banner is an experienced asset and funds
Israelita, Banco Internacional now uses
offers the people of Oman a unique
manager, specialised in debt and equity
a nationwide network of 12 branches
banking experience that combines Sharia-
products in the Australian real estate
and four business centres, staffed by
compliant products and services with
market. Banner was started in 2010 by
over 500 employees, as well as a suite of
today’s dynamic financial requirements.
Andrew Turner (CEO) and a small group
digital platforms to bring it closer to its
of initial investors and chiefly invested
customers and help it lead the corporate
Over the past seven years, the customer
the funds of its principals. The range
segment in the Chilean banking industry.
base has grown steadily as more
of investors has organically expanded
people seek an alternative solution to
to institutions, corporates, and other
Since 2016, Banco Internacional has
conventional banking. As Islamic banking
funds. All the original investors remain.
been the fastest-growing bank in Chile,
gains momentum in Oman, Bank Nizwa
This organic and gradual growth guided
with a business model that allows
continues to offer reliable competitive
and continues to guide the investment
for diversification between strategic
propositions for customers looking to lead
principles of ‘putting the investor first’,
segments, revenue sources and high
financially secure lifestyles.
through responsiveness, preserving capital
organic growth.
and earning a return. The bank currently offers a suite of
Banco Internacional is majority-owned
financing, savings and investment
Banner is a registered provider of financial
by Inversiones La Construcción SA, a
products for individual customers. The
product in the highly regulated Australian
successful track-record and proven
bank also has an extensive portfolio of
financial services and funds management
financial stability, which bought the bank
services catering to SMEs, corporate and
sector. The head office is in Melbourne,
in 2015. Good governance, which is also
commercial customers, while providing
with a Sydney office, principals located
ensured through a reputable board and a
tailored products for investment banking
and active in Japan and Singapore. Its
solid management team with experience
and global markets. Bank Nizwa has been
investors are mostly located in Singapore,
in the industry.
consistently introducing forward-thinking
Hong Kong, Japan, Europe and Australia.
products and services, such as its online The bank’s values include delivering
and mobile banking solutions.
quality to every customer with the
The Banner funds have funded property projects valued at over AUD8 billion. A
highest ethical standards. Banco
Bank Nizwa launched its Strategy
majority of Banner’s investors are non-
Internacional incorporates sustainability
2020, a five-year vision to become the
residents, and it is well-versed in dealing
as a fundamental part of its management
Sultanate’s leading Islamic financial
with the needs of off-shore investors.
through four pillars:
institution. The strategy focuses on five pillars of development including financial
- Culture of service and ethics
performance, technological advancement,
- Responsible investment
market share, team and culture, in
- Inclusion, quality and access
addition to a progressive organisation.
- Contribution to public debate Guided by the principles of Sharia, and a firm dedication to giving back, Bank Nizwa has taken a leading role in promoting the social development of local communities.
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