Oman Arab Bank SAOC (Arabic: بنك عمان العربي‎‎) is a bank in Oman. It is jointly owned by Ominvest (51 percent) and the Arab Bank Group (49 percent). It was the third largest bank in Oman by net profit in 2011. The bank operates through more than 60 branches and offices across Oman. Arab Bank began operating branches in Oman in 1973. In 1984, Ominvest acquired a 51 percent stake in Arab Bank's operations in Oman, creating Oman Arab Bank. Oman Arab Bank further expanded in 1992 by acquiring Omani European Bank.