The mission of the International Operations group is to realize bank muscat’s ambition to become a distinguished regional bank. The International expansion strategy of the bank aims at expanding geographically to complement our strong presence in Oman and to diversify our risk.
The International Operations consist of a branch each in Riyadh (Kingdom of Saudi Arabia), Kuwait and a Representative Office in Dubai (UAE) and Singapore. Muscat Capital LLC, a 100% subsidiary of bank muscat, is a brokerage and investment banking entity in Saudi Arabia.
bank muscat Head Office
Building No. 120/4
Block No. 311, Street No. 62
Airport Heights - Seeb
P.O. Box No.134, Postal Code 112,
Sultanate of Oman
Phone: + 968 24795555
Fax : + 968 24703018
BankMuscat opened a commercial banking branch in Riyadh (Saudi Arabia) in April 2007, thus becoming the first bank from the Sultanate of Oman to have a full-fledged branch in Saudi Arabia.
BankMuscat Riyadh Branch offers a wide range of consumer banking, corporate banking, trade finance and treasury products and services. The branch aims to distinguish itself by excellent customer service, drawing inspiration from the best of Saudi and Omani hospitality.
The branch has a separate and exclusive ladies section.
Opposite Al Faisaliya Foundation, King Fahad Road
P.O. Box No. 54488, Postal Code 11514
Riyadh, Kingdom of Saudi Arabia
Tel: + 966 1279 9888, Fax: +966 1279 9898
BankMuscat Kuwait branch opened for business in April 2010, becoming the latest addition to the international network of BankMuscat. The bank has the distinction of being the first bank from the Sultanate of Oman to open a commercial banking branch in Kuwait.
BankMuscat Kuwait branch offers a comprehensive range of corporate banking, trade and treasury services.
Al Safat Center, Al Shuhada Street
P.O. Box 866 Souk Dakhili 15259
State of Kuwait
Phone: +965 22921133, Fax: +965 22921112
UAE Representative Office was established in Dubai in 1996 as BankMuscat’s marketing arm in the UAE. The Representative Office sources syndicated loans, trade finance transactions, NRI business for Oman and other branches/ associates of the bank and supports Asset Management business through BankMuscat staff posted there, targeting High Net-worth Individuals in the UAE.
BankMuscat Representative Office,
P.O. Box: 29969
United Arab Emirates
Tel: +9714 2222267, Fax: +9714 2210115
Established in 2005, BMI Bank B.S.C. © (BMI) is a retail bank, registered in the Kingdom of Bahrain and offers a full range of retail and commercial banking services. BMI Bank operates in Bahrain through a network of 8 branches and 25 ATMs. BMI also operates an Offshore Bank in the Seychelles (www.bmi.com.sc), a branch in Qatar (under the Qatar Financial Centre) and holds a 21.33% shareholding in Gulf African Bank in Kenya (www.gulfafricanbank.com). In addition, BMI owns the Diners Club Services Bahrain W.L.L and operates the Diners Club cards franchise in Bahrain.
BMI’s shareholders comprise some of the strongest and most respected financial institutions across the GCC, including BankMuscat with 49% shareholding. The Bank is rated as Investment Grade.
BMI currently offers its customers a range of retail products and services including savings and current accounts, Al Mazyona saving certificates, Sapphire, its Premier Banking service, credit cards including Diners Club and La Carte, a co-branded credit card in partnership with Geant Hypermarket Bahrain, consumer and vehicle loans, mortgages and fixed deposits. In addition to Retail Banking, BMI offers full SME Banking, Premier Banking, Private Banking, Corporate Banking, Islamic Financial Services, and Treasury services. The online platforms offered by BMI were awarded the prestigious Bahrain e-Content Award 2009 in the e-Banking category, recognizing ease of use of its comprehensive e-banking services in a safe and secure environment in which to conduct personal and business transactions.
BMI has an operating history of over 33 years in Bahrain. From 1976 until 2001, it existed as a branch of ABN AMRO. In 2002, the Bank was acquired by BankMuscat and functioned as its operating branch until 31 December 2004.
World Trade Center
P.O. Box 350
Manama, Kingdom of Bahrain
Tel: +973 17508080, Fax: +973 17226641
BankMuscat holds a stake in Silkbank Limited, Pakistan (renamed from Saudi Pak Commercial Bank). The Bank was set up in the year 2001 as a conventional commercial Bank. Silkbank offers full range of commercial banking services through a network of 85 branches, 69 ATMs, Call Center as well as Internet Banking.
The bank is managed by our local partners Sinthos Capital. The other major shareholders in the bank are IFC and Nomura.
I.I. Chundrigar Road
Tel: +92 21 111-00-1987
Fax: +92 21 2460464
Muscat Capital LLC (MC), a 97% subsidiary of BankMuscat, is incorporated in the Kingdom of Saudi Arabia and commenced its operations in June 2009. MC provides the following services:
- Debt capital markets (bonds, sukuks, convertibles),
- Equity capital markets ( IPO’s, rights offerings)
- Wealth Management
- Portfolio Management
P. O. Box 64666, Riyadh 11546,
Kingdom of Saudi Arabia
Telephone: +966 1 2799525, Fax: +966 1 2799515