|
 With
assets worth over US $11.9 billion, BankMuscat (SAOG)
is the largest bank in Oman today with a strong
presence in Corporate Banking, Retail Banking,
Investment Banking, Treasury, Private Banking
and Asset Management. The Bank has a network of
over 100 branches and over 280 ATMs , a branch
in Riyadh, Saudi Arabia, and a representative
office in Dubai (UAE). BankMuscat also has a
strategic stake in BankMuscat International
(BMI) an independent Banking entity that will be
focused on becoming a truly GCC regional bank.
The Bank has also acquired a 43% stake in the
Mangal Keshav Group, one of the oldest and most
respected securities houses in the fast-growing
Indian equities market.
BankMuscat
holds the rare distinction of being voted the
‘Best Bank in Oman’ five times in a row by The
Banker, FT London, six times in a row by
Euromoney and seven times by Global Finance Inc.
The Bank was awarded the People Development
Award at Oman Awards for Excellence, in 2003,
2004 and 2005. The Bank also won the prestigious
Gulf Excellence Award 2005 for Oman. BankMuscat
was named as the Number One Bank in the
Sultanate of Oman for 2006 by BusinessToday, for
the fourth time. In 2004, the Bank achieved the
rare distinction of becoming the first bank in
the Middle East to be completely ISO 9000:2000
certified.
Corporate Banking Division
BankMuscat is the leading provider of corporate
banking services in Oman, catering to domestic
and overseas needs of the small business, and
medium and large corporate by offering them a
wide range of corporate finance products ranging
from traditional working capital finance to
project finance. The Bank’s clients include
domestic and multinational companies engaged in
activities across all sectors of the economy
such as contracting, telecommunications and oil
and gas.
Consumer Banking Division
BankMuscat believes in investing in
state-of-the-art technology to provide a
complete range of value-added personal banking
products and services to customers. The Bank
currently offers a comprehensive suite of
e-banking channels that are of international
standards, these include a 24 x 7 Call Centre,
Internet Banking, and a network of over 240
ATMS, the largest in the Sultanate of Oman.
Investment Banking Division
BankMuscat has played a key role in the
development of Investment Banking and Treasury
in Oman. The Investment Banking division
provides a comprehensive suite of financial
services: corporate finance, product
structuring, brokerage and research and a host
of treasury products.
The Bank has an unmatched record of being the
first to launch a debt product, an index
tracker, a guaranteed product, a private equity
fund, a subordinated loan, a convertible bond
and an international product listed on the local
market.
Asset Management Division
The Asset Management division is amongst the
leading players in this business across the
region and manages investment portfolios for
several premier institutional clients in Oman.
In the mutual fund industry in Oman, BankMuscat
occupies a dominant leadership position with an
87% share of the Assets under Management. The
division offers portfolio management services,
custodial and accounting services and is also
involved in structuring, marketing and managing
new funds in various asset classes for different
sets of investors.
Private Banking Division
BankMuscat’s Private Banking division has a
distinguished track record in banking and wealth
management. Whether it is maximizing investment
portfolio or assisting in structuring finances,
the Bank’s Private Banking division continues to
meet and exceed the expectations of clients.
Top
|
