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Bank Muscat reiterates commitment to women empowerment

MUSCAT, 18 October 2014 - Bank Muscat, the flagship financial services provider in the Sultanate, celebrated the Omani Women's Day with gusto in appreciation of women employees for their valuable contributions to the bank. A festive atmosphere prevailed at the head office and branches where women employees extended the hand of friendship and traditional Omani hospitality to colleagues and women customers. The celebrations attended by members of the Management Team and senior bank officials echoed praise and appreciation to His Majesty Sultan Qaboos bin Said for support to Omani women in all spheres, especially designating a day in honour of Omani woman and the excellent position they enjoy in society.

AbdulRazak Ali Issa, Chief Executive, said: “As the nation's leading bank, Bank Muscat is committed to supporting Omani women in developing their skills and creating a sustainable future for the country. The bank's support to women empowerment, both internally and externally, go hand-in-hand with the progressive policies pursued on the directive of His Majesty Sultan Qaboos bin Said. The bank firmly believes that the development of Oman significantly hinges on the role played by women, alongside male counterparts, and that all required support must be extended to help them realise their full potential."

AbdulRazak Ali Issa added: “Bank Muscat is focused on offering women employees educational, training and career growth opportunities. The bank acknowledges that education and training play a key role in women empowerment. Besides offering excellent job opportunities for qualified women, the bank supports all major development programmes targeted at women. Women are assuming more responsibilities and senior positions within the bank and their contributions are significant to the bank's success. The success stories of women employees prove that the bank will be embarking on a promising future and sustaining superior achievement throughout the coming years."

Bank Muscat enjoys the distinction of being the best place to work and a great deal of this achievement is owing to the healthy work-life balance maintained by employees, especially women employees. The bank is committed to promoting the cherished Omani family values integral to the social development in Oman.

A cross-section of women employees echoed appreciation to His Majesty Sultan Qaboos bin Said for support to Omani women in all spheres. Radhiya Al Lawatiya, who has been working in Bank Muscat since 1994 and is currently holding the position of Regional Manager - Central Muscat branches, said that words were insufficient to express how proud she felt of the steps and initiatives undertaken by the wise leadership of His Majesty Sultan Qaboos bin Said to support Omani women. “The Royal directive by His Majesty Sultan Qaboos to designate a day in appreciation of Omani woman is a clear evidence of His Majesty's attention to Omani women and the excellent position they enjoy in society," she said.

Radhiya has been with Bank Muscat for the past 20 years and feels the bank has helped her to greatly improve her managerial and leadership skills by enrolling her in various training programs. “The leadership role in Bank Muscat is very challenging, but the professional and friendly environment has helped me to tackle the challenges. My priority is to offer superior services to valued customers and enable the bank to sustain the growth momentum," she added.

Sharifa Al Riyami, Buraimi Branch Manager, joined the bank in 2001. She is interested in working in areas which need personal development to advance knowledge and skills in order to keep pace with new technologies and developments. “The bank offers a healthy environment and all required support to achieve one's career ambitions. The bank has helped me to acquire leadership skills and I hope to further develop these skills to make valuable contributions to the bank's success and the country's progress," Sharifa said.

With women comprising a major customer segment, Bank Muscat offers unique products and services targeted at them. Offering banking excellence, Bank Muscat enriches women's life at different levels. The Zeinah suite of products and services is based on the premise that women prefer to use special banking services that preserve their privacy. Catering to the unique needs, Zeinah offers privacy and a relaxed atmosphere for women at Bank Muscat branches.

In step with smarter strategies aimed at providing a distinct banking experience, Bank Muscat offers exclusive rewards and prize money for women in al Mazyona Savings Scheme.

al Wathbah, the bank's SME department, has also launched various programmes aimed at skill development of women, especially women entrepreneurs.

The bank's women empowerment strategy is notable as 46 per cent of employees comprise women holding various positions, including senior management positions. Bank Muscat is keen to develop its leadership pool from among young Omanis, thereby contributing to Oman's future by investing in talent which is the real wealth of the nation.