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Bank Muscat enhances corporate banking with 3 more branches

MUSCAT, 15 April 2014 - Bank Muscat, the flagship financial services provider in the Sultanate, as part of efforts to further enhance convenience and add value to services offered to corporate and government customers, has established three more exclusive corporate banking branches across the Sultanate. The new corporate branches are Al Nahda Towers branch in Ghala, Al Tareef branch in Sohar and New Salalah branch. The bank also has an exclusive corporate branch in CBD area.

Whilst general cash services will continue to be available to retail customers at these branches, product processing such as personal loans (car, baituna, personal), credit cards, insurance and personal account opening will not be processed but referred to the nearest retail branches. The new branches will be focused on providing quality services to large corporate and government customers.

Abdulnasir Al Raisi, AGM – Corporate Banking, said: "As the leading bank in Oman, Bank Muscat is proud to establish exclusive corporate branches across the Sultanate, adding further convenience and value-added services. As part of the bank's 'Let's Do More' vision, and in view of the growing market demand for exclusive facilities, the bank decided to establish corporate branches in all major regions of the Sultanate for the convenience of customers. Aimed at accommodating the busy schedules of corporate and government customers and meeting their explicit needs, the new branches serve a long-felt need of those vital segments."

Abdulnasir Al Raisi added: "With the new corporate branches, Bank Muscat has taken banking services to a new level in Oman. The facility reflects the bank's commitment to making banking convenient and customer-oriented. The exclusive branches reinforce our commitment to deliver superior financial services and enhance the customer experience. Customer requirements are constantly changing, and Bank Muscat understands these needs and provides quick and suitable solutions."

Over the past 32 years, Bank Muscat has achieved steady and significant growth in various business lines to emerge as the leading financial institution in Oman. For corporate and government banking customers, the new service has evoked a very positive response. Bank Muscat has built strong relationships with almost all the country's corporate houses and government agencies, providing comprehensive and customised services. The bank has also established an exclusive information facility (Help Desk) at the head office to address the requirements of corporate and government clients along with exclusive service desks in select branches.