Bank Muscat Private rides high on three prestigious global awards

The bank was awarded ‘best private bank in Oman’ by three leading global financial publications - Euromoney, Global Finance and EMEA Finance

MUSCAT: Bank Muscat Private Banking, the Sultanate’s premier end-to-end wealth management solutions provider to high net worth clients, has achieved a unique distinction of winning three prestigious global awards.

The bank’s selection as the ‘best private bank in Oman’ award by three leading global financial publications - Euromoney, Global Finance and EMEA Finance - was done on the basis of market research, input from top industry analysts, executives and other users of private banking services.

Abdulnasir Al Raisi, DGM – Premier Banking, said: “Every year, the performance of Bank Muscat Private Banking is endorsed by the global banking community and we are delighted to receive three major endorsements in succession from Euromoney, Global Finance and EMEA Finance, reflecting the consistency of performance and innovative strategies which have cemented the bank’s reputation in a tough market.

“Consistently winning prestigious awards helps Bank Muscat Private Banking to set benchmarks in performance. We acknowledge and dedicate this unique achievement to bank muscat Private clients for their valuable patronage in helping win this honour in recognition of excellence in private banking service.”

Bank Muscat Private provides a wide range of wealth management solutions, including investment, wealth structuring, advisory and banking across multiple jurisdictions around the globe and diverse asset classes. The wealth management strategy is built on the key pillars of relationship, a wide array of investment products and niche banking services.

The referral services offered by Bank Muscat Private stem from tie-ups with global partners of repute for offshore banking, direct real estate and insurance services.

The Private banking services include conventional accounts, term deposits, currency exchange, domestic and international transfers, online banking and regular asset monitoring. Bank Muscat Private clients have access to exclusive credit card, debit card and cheque books. Luxury car and yacht finance is also available exclusively for Private clients who are also eligible for competitive rates for deposits, loans and foreign exchange.

Al Raisi added: “Bank Muscat is proud to have taken Private banking to new levels, offering end-to-end wealth management solutions by identifying global opportunities, providing prudent investments and implementing insightful strategies to deliver global expertise to high net worth clients. We remain committed to preserve, secure and grow wealth, offering an exceptional breadth and depth of wealth management solutions and investment options across geographies and asset classes, directly as well as through tie-ups with global partners of repute.”