MUSCAT,
Bank Muscat, the leading financial service provider in the Sultanate of Oman, continues to record successive achievements in recognition of the various services it provides to customers whether individuals or corporates, and to win international awards confirming its leadership in the banking sector. Recently, the Bank won the Best Investment Bank in Oman Award, by Euromoney Awards for Excellence 2024. The award was received on behalf of the Bank by Mohammed Sultan Al Habsi, Chief Representative, UAE Representative Office, Bank Muscat, at a recent ceremony held in Dubai in the presence of a number of prominent industry figures from the Middle East and across the world.
The prestigious award acknowledges Bank Muscat’s efforts and reaffirms its excellence in providing unmatched investment banking services and solutions. The Bank has a successful track record of advising multiple fundraising and capital market transactions spanning across various sectors and industries, including the IPO of OQ-Gas Networks (OQ-GN), the largest ever IPO in the Sultanate of Oman and sukuk issuances for Omantel and Energy Development Oman (EDO). Bank Muscat has consistently provided innovative and customized financing solutions tailored to suit the unique requirements of its customers
Speaking on the occasion, Khalifa Abdullah Al Hatmi, Deputy General Manager, Investment Banking and Capital Markets at Bank Muscat, said: “We are delighted with this ongoing recognition from leading international institutions such as Euromoney. It reflects the financial and international community’s confidence in the Bank’s exceptional performance in delivering innovative products and sustainable services. We remain committed to developing innovative and customized solutions that cater to diverse customer needs, keeping customer-centricity at the core of our business in all our engagements.”
Bank Muscat is the largest asset manager in Oman and a leading asset manager in the GCC region, with a proven track record of successful operations for almost three decades. It offers tailored investment solutions across various asset classes including equity, fixed income, real estate and private equity investments. Similarly, the Bank is also a market leader in corporate finance advisory solutions encompassing corporate finance, project finance, debt capital markets, debt refinancing and restructurings, IPOs, structured financings, quasi-equity financings, private placements, as well as mergers and acquisitions in the Sultanate of Oman.
Bank Muscat won multiple awards from local and global prominent organizations such as the Best Investment Bank Award from EMEA Finance, the Best Local Bank in Oman from Global Finance, the Best Retail Bank and the Best Digital Bank Awards from MEED and the Best Local Bank by Euromoney.