Bank Muscat wins top investor relations award

Bank Muscat, the flagship financial services provider in the Sultanate, in line with its vision ‘To serve you better, everyday’ and commitment to strategic investor relations policy, has won the first position in the ‘Most improved corporate for investor relations’ award for large cap companies in the Middle East. The bank received the award at the ceremony attended by top-tier industry professionals, regulators and stock exchange officials in Dubai.

Bank Muscat pursues a strategic investor relations policy aimed at enhancing value for all stakeholders. The bank regularly discusses financial results and business outlook with investors, which has helped in building a stronger corporate governance and investor relationship culture in Oman. Bank Muscat takes proactive measures to enhance investor relations as part of its commitment to enhance awareness of the importance of disclosure.

As the leading bank in the Sultanate, Bank Muscat has set the standards in creating a culture of openness, transparency and accountability, which has helped the institution progress steadily. The bank reckons that fully engaging with investors enables companies to present themselves more favourably and that stakeholders value companies which display behaviour consistent with this approach.

The awards were organised by Middle East Investor Relations Association (MEIRA) which is an independent, nonprofit organisation dedicated to promoting investor relations (IR) profession and international standards in corporate governance. The mission of MEIRA is to enhance the reputation, efficiency and attractiveness of the Middle East capital markets.