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BankMuscat hosts seminar on trade trends in emerging markets

MUSCAT, 15 May 2012 -  BankMuscat, the flagship financial services provider in the Sultanate, hosted a seminar on ‘Trade trends in emerging markets’, attended by senior corporate representatives, in the presence of AbdulRazak Ali Issa, Chief Executive of BankMuscat.

Organised by the Bank’s Financial Institution Group (FIG), the seminar was addressed by  Shehzad Sharjeel Mumtaz, Regional Head Trade, MENA, IFC; Daniel Son, Senior Vice- President, Trade Sales, Wells Fargo; and Zaid Mahdi, Vice-President – FX, Media and PR, Trade Bank of Iraq.

The market development initiative, which evoked strong response, stems from the Bank’s constant efforts to maintain the leadership role in the Omani banking sector, offering innovative products and solutions for clients.

BankMuscat’s Financial Institutions Group (FIG) is very active in trade finance and financial institution (FI) business covering prominent countries in Asia, Africa and other emerging markets. BankMuscat is in a position to provide customers and counterparts pan-GCC coverage. With branches in Saudi Arabia and Kuwait and an associate in Bahrain with its branch in Qatar, and a Representative Office in the United Arab Emirates (UAE), BankMuscat is uniquely positioned to serve clients for their requirements in the GCC region. BankMuscat has also leveraged its strengths through its Representative Office in Singapore to support the increasing trade and investment flows between Oman, the wider GCC and Asia.

On the trade finance front, BankMuscat is engaged with leading companies and establishments to facilitate trade between Oman and the world. BankMuscat possesses sound knowledge and experience on the latest trends in international business and has utilised that understanding to develop products and services catering to the varied requirements of clients.