Treasury and capital markets

Make every business deal count with a range of vanilla options and derivative products from bank muscat’s treasury division - a market maker in USD/OMR spot and swaps

Services:

  • A range of vanilla options
  • Derivative products for hedging price risks in foreign exchange, interest rates and commodities
  • Foreign exchange rates for retail transactions
  • Corporate institutional sales
  • Interbank markets
  • Fixed income
  • Assets and liabilities management
  • Global financial institutions comprising a team of industry professionals
  • Daily newsletter - market snapshot – with a brief of all the happenings in the financial markets along with the bank’s expectations of market movements

FAQs:

Global financial institutions (GFI)

Bank Muscat Global Financial Institutions (GFI) comprises of a team of industry professionals dedicated to developing and maintaining long term relationships with FI clients. GFI strives to provide innovative and efficient solutions for Debt Capital Markets (including syndications, club deals) and Trade Finance (Letters of Credit and Guarantees). bank muscat GFI is a market leader in providing project related guarantee issuance services in Oman and a niche player in Saudi Arabia and Kuwait.

All GFI clients have dedicated relationship managers who offer a suite of Bank Muscat’s products to meet their cross border strategic and financial needs. bank muscat GFI has a strong global presence with approximately 450 correspondent bank relationships and our own network of Representative Offices, spread across geographies. The GFI team with strong local expertise and thorough understanding of issues, aspires to be the leading FI services provider in the region.

Products & services

1. For banks / financial institution​​s
  • Arranging and participation in syndicated loans
  • Bilateral credit facilities
  • Risk participations
  • Forfaiting
2. Corporate customers
  • LC confirmations
  • Issuance of counter guarantees
  • Import trade facilitation
  • Forfaiting
3. Correspondent banking services

GFI facilitates establishment of Relationship Management Arrangements (RMA) with banks and financial institutions world wide to support trade between our customers. bank muscat GFI assists financial institutions from outside Oman requiring Omani Rial account for local payments by opening Omani Rials Vostro accounts.

Besides the above, GFI plays a leading role in promoting bank muscat services in various specialized areas such as Treasury & Capital Markets, Investment Banking, Asset Management, Private Banking, Corporate Banking etc. For more details, Please E-mail us at GFI[at]bankmuscat.com​​

code

buy rate

sell rate

currency

USD

0.38202

0.38798

U.S. DOLLAR

EUR

0.392278

0.403672

EURO

GBP

0.464256

0.475645

POUND STERLING

AUD

0.268646

0.2779

AUSTRALIAN DOLLAR

BDT

0.00405

0.004053

BANGLADESH TAKA

CAD

0.297843

0.305061

CANADIAN DOLLAR

DKK

0.052775

0.054211

DANISH KRONER

HKD

0.048627

0.049509

HONG KONG DOLLAR

INR

0.004829

0.00484

INDIAN RUPEE

JPY

0.00287

0.002938

JAPANESE YEN

JOD

0.53602

0.55002

JORDANIAN DINAR

NOK

0.039604

0.041419

NORWEGIAN KRONER

NZD

0.243693

0.250647

NEW ZEALAND DOLLAR

PKR

0.00175

0.001794

PAKISTANI RUPEE

SGD

0.278404

0.283989

SINGAPORE DOLLAR

SEK

0.037492

0.03933

SWEDISH KRONER

CHF

0.40517

0.413587

SWISS FRANC

ZAR

0.023369

0.024215

SOUTH AFRICAN RAND

BHD

1.01325

1.02875

BAHRAINI DINAR

KWD

1.245713

1.267424

KUWAITI DINAR

QAR

0.103745

0.107745

QATARI RIYAL

SAR

0.101975

0.103295

SAUDI ARABIAN RIYAL

AED

0.104155

0.105495

UAE DIRHAM

LKR

0.001036

0.001086

SRI LANKAN RUPEE

PHP

0.006868

0.00703

PHILIPPINE PESO

CNY

0.056468

0.057778

CHINESE YUAN

THB

0.010867

0.01103

THAI BAHT

EGP

0.019794

0.020457

EGYPTIAN POUND