MUSCAT – Aiming to enhance relationship with its individual and corporate partners, Bank Muscat, the leading financial services provider in the Sultanate of Oman, organised a special event celebrating its partnership with auto dealers and car showrooms in Muscat, in presence of Ahmed Faqir Al Bulushi, Chief Banking Officer and Abdulnasir Al Raisi, General Manager- Personal Banking, and a number of management members from Bank Muscat and representatives of these institutions.
During the event, Saleh Mohammed Al Maaini, Deputy General Manager – Capital Regions, Bank Muscat, said: “We are delighted with this successful cooperation to provide the best services to our customers. We achieved positive results during the past period and we look forward to continue the same by developing the services provided to individual and corporate partners, and improve the products quality to achieve financial inclusion catering various needs of customers.”
Saleh Al Maaini expressed his pride of the successes achieved by the bank in automobile sector and the positive feedback from customers on its banking services and facilities. He added: “Sayyarati is one of the successful products which have contributed to making customers’ dreams come true due to the exclusive offers and benefits. I would like to extend our thanks and appreciation to the bank’s partners whether companies, agencies and car showrooms for their hard work and fruitful cooperation and for their contribution to the development of the automotive sector in general.”
Addressing the gathering, Radhiya Hassan Al Lawati, Head of Sales, Bank Muscat, said: “We are pleased to meet again in this event which is a significant channel to enhance cooperation between us. Our gathering here in Muscat comes after an array of similar successful events in other governorates which saw great attendance by vehicle agencies and showrooms’ representatives.”
She added: “The automotive sector is one of the important sectors that are witnessing an active commercial movement. Statistics issued by the National Center for Statistics and information (NCSI) indicate that the number of vehicles registered in the Sultanate amounted to more than one million and 600 thousand cars, until December 2023. This figure proves the increasing demand on cars among citizens and residents on an annual basis. from our part, we have been working to strengthen our partnership and provide the best banking facilities and the necessary financing at reduced rates for cars purchase. We have all succeeded in achieving this goal through special offers provided by Bank Muscat periodically.”
Throughout its long journey in the banking sector, Bank Muscat has been keen to establish close relationships with auto dealers and companies in various governorates of the Sultanate in order to meet customer requirements while working to develop its banking services and facilities. Therefore, the Bank launched the “Sayyarati” financing product in 2003 to contribute to providing the best services to customers and helping them to acquire their dream car.
Customers can benefit from the multiple banking services and quick and flexible procedures to complete transactions from various branches of the bank or from one of the dedicated car centers in Al Wattayah and Salalah.
In recognition to its leading stance in the banking sector, Bank Muscat has been awarded regionally and internationally by prestigious institutions in various categories, including the Best private bank by EMEA Finance, the Best ESG Integration by Arab Federation of Capital Markets, the Best private Bank and the Best Consumer Digital Bank in Oman by Global Finance, and the Best Corporate Bank in Oman, in addition to other three awards in the field of CSR, Islamic Banking and Digital services, by Euromoney.