Bank Muscat

Bank Muscat
Company typePublic
IndustryFinance and Insurance
FoundedMuscat
Headquarters,
Key people
Sheikh Waleed Khamis Al Hashar, CEO[1]
ProductsFinancial services
RevenueIncrease US$ 1.5 billion (2018)[2]
Increase US$ 469 million (2018)[2]
Total assetsIncrease US$ 31.9 billion (2018)[2]
Number of employees
3,779[2]
Websitewww.bankmuscat.com

Bank Muscat is a financial services provider in the Sultanate of Oman providing corporate banking, retail banking, investment banking, treasury, private banking and asset management. The bank, with assets worth US$ 31.9 billion in 2018, has the largest network in Oman exceeding 150 branches.[3] As of 2022, the bank has more than 2 million customers, 174 branches, and more than 800 points of interaction, including automated teller machines (ATM), deposit machines (CDM), and full-function machines (FFM).[4] Assets for 2021 were $34 billion and net income was $493 million.[5]

  1. ^ "Company Overview of bank muscat". Retrieved 29 June 2019.
  2. ^ a b c d "Bank Muscat on the Forbes Global 2000 List". forbes.com.
  3. ^ "Global Finance Magazine - Best Banks In The Middle East 2019: Sunny Outlook". Global Finance Magazine. Retrieved 29 June 2019.
  4. ^ "Bank Muscat wins Best Retail Bank in Oman Award at MENA Banking Excellence Awards 2022". Times Of Oman. Archived from the original on 2022-11-20. Retrieved 2024-03-31.
  5. ^ "Sheikh Waleed Khamis Al Hashar and Bank Muscat recognised as Best CEO and Best Managed Bank in Oman". The Asian Banker. Archived from the original on 2024-02-06. Retrieved 2024-03-31.