Bank Muscat wins global benchmark Bank of the Year award by Banker
MUSCAT: Bank Muscat, the flagship financial services provider in the Sultanate, has won the prestigious ‘Bank of the Year — Oman 2016’ award by The Banker (Financial Times, London). Reckoned the most prestigious global banking award, the annual Banker awards are hotly contested by the world’s leading financial institutions.
AbdulRazak Ali Issa, ( pictured) Chief Executive, said: “Time and again, the performance of Bank Muscat is endorsed by the global banking community and we are delighted to once again win the prestigious Banker award.
The Bank of the Year award speaks volumes on the unrivalled position enjoyed by Bank Muscat and we feel proud to consistently win this award. Bank Muscat’s performance has been lauded by the international financial and banking community for several years. Yearly, Bank Muscat adopts strategic initiatives to stretch its operational standards and achieve enviable records.”
AbdulRazak Ali Issa added: “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. Going forward, Bank Muscat is focused on retaining its competitive edge in the market.”
A keen perception of customer requirements enables Bank Muscat to develop products and services in line with the current and emerging needs. With 35 years of trusted presence, Bank Muscat remains committed to serving the nation and the people as the banking partner of choice.
The Banker awards continue to be the premier benchmark for recognition in the global banking industry. “For the banking sector, these are difficult times, but Bank Muscat has effectively navigated these obstacles to continue its upward growth trajectory,” The Banker noted. The factors for considering the winners included strategic initiatives that drove financial performance, digital strategy as well as use of new technology delivering benefits for customers.