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Technology Evolutions & Banking conference on 9 Sept hosted by Bank Muscat

MUSCAT, 6 Saturday 2014 – Bank Muscat, the flagship financial services provider in the Sultanate, is hosting a conference on 'Technology Evolutions & Banking' under the auspices of H.E. Hamoud bin Sangour Al Zadjali, Executive President of the Central Bank of Oman, on Tuesday 9 September 2014, at the bank's head office.

The high profile conference is aimed at bringing together key banking and technology industry representatives and all associated stakeholders to discuss the vital role of technology in elevating the banking and consumer experience. The conference will focus on the role of technology in changing business and market dynamics by delivering new products and services in the banking industry, thereby improving efficiency and customer service. Spotlight will also fall on technology predications poised to change the world, the role of social media and the impact of Generation Z.

The initiative comes as part of efforts by the bank aimed at familiarising and sharing insights about the latest technologies shaping the future of the banking industry. Gartner, the world's leading information technology research and advisory company, is the knowledge partner of the conference. The opportunity facilitates interaction with technology experts from the Central Bank of Oman, Sultan Qaboos University, Higher College of Technology, Knowledge Oman and Tasnea Oil & Gas Technology.

As the flagship bank in Oman, Bank Muscat is committed to offering innovative banking services, products and facilities that meet the requirements of customers and help realise their dreams and aspirations. Over the past years, driven by technological advancement, the bank has recorded notable achievements, especially relating to electronic payment infrastructure in the country.

Setting new benchmarks, the sophisticated banking experience at Bank Muscat stems from the right mix of traditional and electronic channels. Bank Muscat enjoys an edge in hi-tech products and services, including electronic payment and web-based services, in tune with Oman moving towards a cashless society and meeting the banking requirements of a young and tech-savvy generation. Bank Muscat is set to leverage on investments in new technology to further increase efficiency, improve customer service and support the growth plan.