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Bank Muscat extends support to MSM financial analysis competition

MUSCAT, 23 April 2017 – Bank Muscat, the flagship financial services provider in the Sultanate, in step with its 'Let's Do More' vision and 'Imprints' social responsibility initiative aimed at supporting youth initiatives and sustaining the country's progress and development, extended support to the Financial Analysis Challenge 2017 organised by Muscat Securities Market (MSM) in collaboration with the Economics and Political Science College at Sultan Qaboos University (SQU). During the concluding session held under the auspices of H.E Sheikh Nasser bin Hilal Al Mawali, Chairman of the State's Financial and Administrative Audit Institution, the bank was honoured in recognition of its support to the event.

Organised as part of MSM investor awareness initiative, the competition helped students to conduct financial survey analysis of existing listed companies on MSM and learn about the investment climate, opportunities and procedures prevalent in Oman. The CSR activity also provided the participating listed companies an opportunity to get company performance analysis from students perspective as well as gain visibility among upcoming potential investors.

 Bank Muscat always leads by example and the support for the competition stemmed from its commitment to future generations of Oman. Bank Muscat has adopted a series of measures in line with the Royal directive of His Majesty Sultan Qaboos bin Said to develop the potential of Omani youth in sync with the future requirements of the nation. Financial literacy is a priority accorded by the bank which remains committed to developmental and social responsibilities within the framework of co-operation with all segments of society, especially youth who represent the country's future. Students from different universities, public and private colleges participated in the competition.

Bank Muscat has launched many initiatives, including 'Jesr Al Mustaqbal', to provide relevant educational and training opportunities for Omani youth to develop employable skills. Oman is witnessing a qualitative shift in national workforce and relevant educational qualifications hold the key to attractive career positions. Every opportunity to contribute to Oman's future is pursued by the bank to invest in Omani talent, reckoned the real wealth of the nation.