Taageer Finance awarded ‘Best Performing Company’ in the Mid-Cap Sector

Muscat: Leading finance and leasing company (FLC) – Taageer Finance – is delighted to announce that it has been named ‘Best Performing Company’ in the Mid-Cap sector at the Alam Al Iktisaad awards. 

Beginning the fourth quarter with a string of prestigious industry awards, the company has also been named ‘Finance and Leasing Company of the Year’ and won the ‘Pioneers in Digital Evolution’ in the NBFC Sector at the DX Oman Digital Transformation awards. That’s not all, the company’s CEO Mr. Shahin Mohammed Al Balushi has also been named the ‘Finance and Leasing CEO of the Year’!

Commenting on the company’s success, Mr. Shahin Mohammed Al Balushi mentioned: “Taageer Finance remains committed to realizing its vision and mission, contributing to the economic growth of our nation, and creating lasting value for our customers and shareholders. This recognition energizes us to continue pioneering financial solutions that drive prosperity and empower communities.”

He added: “To be the recipient of this award is exceptionally gratifying as we grow and evolve our business to be the nation’s FLC partner of choice. A number of important areas of focus are reflected in this success – our commitment to supporting our clients; being an employer of choice; and the way in which we operate, alongside our focus on constantly developing new and innovative solutions. Most significantly, these awards reflect the exceptional talent that we have here at Taageer Finance, across our business.”

Witnessing the highest growth in market share among FLCs, Taageer Finance has demonstrated consistent growth across its revenue, portfolio, profitability, and provision coverage; showcasing financial resilience and prudent risk management practices. Playing a pivotal role in SME development, Taageer Finance contributes significantly to job creation and economic empowerment.

With a commitment to fostering local talent, the company actively contributes to the development of a skilled workforce, a crucial element for the nation’s progress. The company credits its success to a cadre of experienced and talented top management professionals and teams that bring industry knowledge and strategic acumen to the forefront.

Taageer Finance offers a diverse range of financial and leasing solutions for businesses and individuals. Headquartered in Al Khuwair in Muscat, the company has an extensive nationwide network, through branches at Wattayah, Sohar, Al Kamil Al Wafi, Barka, Nizwa, Salalah and most recently Seeb. By offering customers a cutting-edge digital platform, upholding the highest corporate governance standards, implementing resilient systems and procedures, and utilizing state-of-the-art technology, Taageer has established itself as a trusted ally for customers. This includes the integration of Point of Sale (POS) machines at all branches to facilitate a streamlined cashless payment process, as well as the efficient processing of customer requests through its mobile application.

For more information about Taageer Finance and its diverse range of financial solutions, please visit www.taageer.com.

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