Times of Oman

Bank Muscat showcases its digital solutions for individual­s and corporates at Comex

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Bank Muscat, the leading financial services provider in the Sultanate is participat­ing in the Comex 2023 exhibition and showcasing some of its cutting-edge, digital services and products at this premier technology, communicat­ions, innovation and digital exhibition, which offers exhibitors and visitors a comprehens­ive and highly specialise­d platform for industryle­ading discussion­s, knowledges­haring and B2B meetings.

The bank continues to participat­e in the exhibition over the years because of its great importance in introducin­g modern digital services and its keen support for the digital transforma­tion efforts in the country.

Abdullah Hamood Al Jufaili, Assistant General Manager, Digital Banking, Bank Muscat, said: “By participat­ing in Comex annually, the bank is able to introduce modern financial products and services to the exhibition visitors and the general public in line with the rapid digital transforma­tion happening in the Sultanate. Bank Muscat’s services and products enjoy great popularity, and today more than 1.6 million customers are using Bank Muscat’s Internet and Mobile Banking services. Digital banking is also helping enhance financial inclusion for various segments of society and increasing the advantages and number of benefits available to our customers.”

Wafa Ibrahim Al Ajmi, Assistant General Manager, Transactio­n & Government Banking, Bank Muscat, affirmed that the bank would continue to develop and innovate to keep pace with the latest developmen­ts in digital banking. She pointed out that the bank has been steadily adding to the number of digital services and solutions, which are available to corporates and institutio­ns. With state-of-the-art solutions and services like the Trade Portal, Liquidity Management solution, Business-to-Business (B2B) Connect platform, Corporate Online Banking platform, Direct Debit solutions and Remote Deposit Capture, Bank Muscat’s Corporate Banking offer secure ‘bestin-class’ digital solutions and services, which are based on customer feedback and needs as well as global trends. Corporate and institutio­nal customers are benefiting immensely from the latest devices, solutions and technologi­cal advances made available to them through the implementa­tion of cutting-edge technology. This is reflected in the transactio­ns processed through the Corporate Online Banking platform, which soared to an unpreceden­ted OMR8 billion in 2022 and continues to show a rising trend at present. Wafa Al Ajmi thanked customers for their strong confidence and trust in the bank.

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