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Ministry of Defense and Bank Muscat sign agreement for provision of digital services and facilities

Muscat, 1 December 2020
The Ministry of Defense has signed an agreement with Bank Muscat, the leading financial institution in the Sultanate, to enhance the partnership between the two sides and provide advanced digital banking services to the ministry. The signing of the agreement comes during the celebrations of Oman’s Glorious 50th National Day. The agreement serves to confirm Public-Private Partnership in light of the goal of enhanced integration between the two sectors and serving the best interests of the nation and its people. It was signed by His Excellency Mohammed Bin Nasser Al Rasbi, Secretary General of the Ministry of Defense and by Tariq Atiq, Deputy General Manager, Transaction and Public Sector Banking, Bank Muscat. The agreement will facilitate online payments by the ministry to its vendors and partners in real time thanks to bank’s digital platforms.

Under the agreement, the Ministry of D ...

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