MUSCAT, 2 July 2013 – Bank Muscat, the flagship financial services provider in the Sultanate, has won the Best Bank in Oman award by Banker Middle East. Omar Musafir, Chief Representative Officer, UAE Representative Office, received the award at a ceremony in Dubai attended by senior bankers from the region.
AbdulRazak Ali Issa, Chief Executive, said: “Bank Muscat is delighted to be chosen once again for the Banker Middle East award which attests its unrivalled position in Oman. The award endorses our efforts by the financial world and inspires us to aim higher to benchmark our performance. Year on year, the bank adopts new initiatives to stretch its operational excellence. A keen perception of customer requirements enables the bank to remain focused on developing products and services in line with the current and emerging needs. Going forward, Bank Muscat seeks to ensure it retains the competitive edge in the market."
AbdulRazak Ali Issa added: “As an established bank with a fast-growing network, Bank Muscat aims to deliver reliable, dynamic and innovative banking services. The bank draws on its expertise to provide customers with the best banking products and services. The award recognises the bank's efforts and goal to maintain its leadership position."
Being the leading financial services provider in the Sultanate, Bank Muscat has put in place robust policies and procedures to achieve global best practices. The bank is focused on strategic initiatives to confront challenges and further increase its market share. The bank prides itself in its deep understanding of customer needs, offering expertise and financial guidance at all levels. A multi-award winning organisation, Bank Muscat holds the rare distinction of being consistently voted the 'Best Bank in Oman' by all leading regional and global institutions.
The Banker Middle East Industry Awards recognise both corporate and individual distinctions amongst top performers in the banking industry. The Banker Middle East awards continue to set the benchmark for successful banking and financial institutions in the MENA region. The award honours the very best of the region's banks and financial institutions – key players in laying the foundations for a prosperous future for the MENA economies.