Muscat, March 15: In recognition of performance excellence and strategic initiatives, BankMuscat was honoured as the best Local Bank in Oman at the recent Emeafinance Middle East Banking awards ceremony. Organised by Emeafinance magazine, the award highlighted BankMuscat’s array of innovative banking products and services, endorsing the unrivalled position enjoyed by the Bank.
Consistently winning prestigious global awards has placed a tremendous responsibility on BankMuscat to further raise the bar on performance. Year on year, BankMuscat adopts new initiatives to stretch its operational standards and achieve enviable records.
The recent rare distinctions notched by BankMuscat include winning for the seventh time the Bank of Year – Oman award instituted by The Banker (FT, London) magazine, besides being voted the ‘Best Bank in Oman’ for eighth years in a row by Euromoney and Global Finance.
BankMuscat enjoys unparalleled strength and asset classes in the Sultanate. Being the most successful bank in Oman, the Bank continues to win accolades and laurels from prestigious international, regional and local awarding bodies. As leader in the Sultanate, BankMuscat has the strongest fundamentals, notching up consistent and record profits over the years, clearly ahead of its nearest competitors.
Emeafinance is a leading international publication exclusively dedicated to representing the EMEA - Europe, Middle East and Africa - financial market’s independent voice. The awards in recognition of excellence in retail and investment banking across the Middle East region were presented at a ceremony in Dubai attended by a number of senior bankers.
A keen perception of customer requirements has enabled BankMuscat to develop products and services in line with the current and emerging needs. As the nation’s leading financial institution, BankMuscat is an outstanding contributor to the economy and the financial infrastructure, providing a sophisticated network of linkages and connections of payment systems across the Sultanate. With 26 years of trusted presence, BankMuscat is committed to serving the community and making a substantial difference to the nation. The Bank is focused on its mission of attracting one million customers by 2010.