Bank Muscat has been awarded the Best Bank in Oman for (SMEs) title for 2025 at the prestigious MEED MENA Banking Excellence Awards. This recognition highlights the Bank’s ongoing efforts to foster entrepreneurship and its substantial role in the development and growth of SMEs through offering a wide range of banking services and solutions tailored to meet their evolving financial needs and business goals.
Commenting on this achievement, Ibrahim Khamis Al Balushi, Senior Assistant General Manager, SMEs at Bank Muscat, said: “We take pride in being recognised as the best bank in Oman for SMEs award, a testament to the Bank’s commitment to strategic initiatives that actively support entrepreneurs and SMEs. These efforts contribute to strengthening the national economy. Bank Muscat offers a variety of banking services and facilities specifically designed to empower these enterprises to expand and succeed in their businesses. Bank Muscat continually launches initiatives aimed at guiding SMEs on how to develop and scale their businesses effectively, and organizes dedicated training programmes to build the financial, administrative, and marketing capabilities of entrepreneurs and SME owners. This recognition serves as a strong motivator for the Bank to continue playing its pioneering role in supporting and developing the SMEs sector, offering top-tier financial solutions that meet both current and future needs. We would like to extend our gratitude to the Bank’s customers for their trust and confidence in the services offered to them.”
Bank Muscat’s “Al Wathbah” Programme for SMEs plays a key role in supporting the SMEs by offering an integrated suite of banking solutions tailored to the unique needs of SMEs customers. In addition to financial services, the division provides training opportunities, access to workshops, and networking events for entrepreneurs. The Bank remains steadfast in its collaboration with public and private sector entities to support business growth and SMEs development, particularly focusing on empowering youth and promoting a culture of innovation and sustainability in alignment with Oman Vision 2040.
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