MUSCAT, 11 July 2015 – Bank Muscat, the flagship financial services provider in the Sultanate, has won the 'Best Bank in Oman' award by Euromoney.
AbdulRazak Ali Issa, Chief Executive, said: “Time and again, the performance of Bank Muscat is endorsed by the global banking community and we are delighted to receive yet another endorsement from Euromoney reflecting the consistency of performance and the innovative strategies which have cemented the bank's reputation in a tough market. Year on year, the bank adopts new initiatives to stretch its operational excellence. Going forward, Bank Muscat will ensure it retains the competitive edge in the market."
Stemming from its flagship position, Bank Muscat aims to deliver reliable, dynamic and innovative banking services. Driven by robust policies to achieve global best practices, Bank Muscat 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 financial expertise and 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 local, regional and global institutions.
Euromoney evaluated the bank's product mix, financial performance, asset and revenue quality, customer satisfaction, IT systems and offerings. The bank's endeavour to achieve and sustain quality products and services have helped it gain recognition from the regional and global financial community for several years in a row.
Euromoney awards are recognised as one of the most prestigious international banking awards given to institutions that demonstrate leadership, innovation and momentum in the markets in which they operate.