Bank Muscat honours government institutions and corporates at Partners in Progress Ceremony

by | Jun 8, 2024 | 0 comments

MUSCAT – Bank Muscat celebrated the 17th edition of its annual Partners in Progress awards ceremony at Oman Convention and Exhibition Centre. This annual event aims to acknowledge the efforts made by top merchant partners from government institutions and private sector companies to implement various payment acceptance solutions using POS terminals. During the event trophies were handed to the winners from top 40 institutions. The gala event was attended by members of the Bank’s Management Team and representatives from the respective institutions participating. 

Nine ministries and government institutions won awards for implementing the Bank’s payment acceptance solutions at the awards ceremony including Royal Oman Police, Ministry of Labour, Ministry of Commerce, Industry & Investment Promotion, Ministry of Interior, Ministry of Housing & Urban Planning, Behar, Oman Development Bank, Supreme Judiciary Council and Nama. 

Corporate merchant partner winners included: Lulu Hypermarket, Landmark Group, Oman Oil, ONEIC, OIFC, Talabat, Majid Al Futtaim Hypermarkets – Carrefour, Sharaf DG, NMC Healthcare, IKEA, Liva Insurance, Al Shaya International, Shell Oman Marketing, Malabar Gold Jewellery, Pizza Hut, Muscat Pharmacy, Oman International Container Terminal, Apparel International, Salam Air, The International School of Choueifat, Global Money Exchange, Makkah Hypermarket, Thawani, Tageer Finance SAOG, Six Senses Zighy Bay, Saud Bahwan Automotive, Al Fair, YAAS modern shopping LLC, My Tour, Ooredoo and Omantel. 

On this occasion, Abdulnasir Al Raisi, General Manager – Personal Banking, Bank Muscat, congratulated all the winners in this year’s Partners in Progress and he stated: “Our partners from government institutions and private companies have contributed immensely in enhancing the use of digital payment solutions. This spread and influence contributed in supporting the development and launch of advanced payment options to enhance customer experience and facilitate a much easier transaction process. We will work hand in hand with our partners to achieve further success and growth in this field.” 

Abdullah Hamood Al Jufaili, Assistant General Manager – Digital Banking, Bank Muscat, said: “We are proud to see the results made possible by the tremendous efforts targeted at enhancing electronic payment solutions and introducing state-of-the-art services. The recent solutions launched have been witnessing a continuous growth. With an outlet network of around 17,000 retailers nationwide, backed by a vast infrastructure of 43,466 point of sale terminals and 677 e-commerce merchants, the Bank stands strong in the ever-changing world of commerce. With this increase, the Bank registered 213 million transactions that were carried out using these digital payment solutions. These numbers represent not just our broad reach, but also the confidence and trust that our esteemed partners and customers have placed in us. The Bank will continue to develop and launch new services to enhance customer experience as these inventions aim to enable individuals and businesses to prosper in an increasingly digital world.”

Bank Muscat has an extensive branch network of 183 branches across the country and more than 870 devices, including ATMs, CDMs and omnichannel devices distributed in all governorates. In order to provide the best services, the Bank is constantly updating its digital channels of internet and mobile banking to enhance the effectiveness and convenience of customers’ experience through secure, easy and fast options at the same time. Today, these digital channels offer a wide range of benefits, including bill payment, fund transfer within the Bank or within Oman, international fund transfers and many others. Premier banking customers of the Bank can benefit from exclusive and unique benefits offered by Private Banking, Asalah Priority Banking and Al Jawhar Privilege Banking.

Acknowledging the Bank’s diligent efforts, it has received accolades from various local, regional and international institutions for its best practices, its customer-centric vision and its innovative offers. The Bank was recognised recently by MEED as the Best Retail Bank and the Best Digital Bank in the Sultanate.

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