Bank Muscat wins Best Private Bank in Oman Award

by | Feb 6, 2022 | 0 comments

MUSCAT – Bank Muscat Private, the Sultanate’s premier banking service targeted at exclusive high net-worth individual customers, has once again won the prestigious “Best Private Bank in Oman” award from Global Finance for 2022. The accolade adds to a number of other international awards received in the past and is yet one more feather in its cap in delivering exceptional wealth management solutions to a highly-discerning client base over the past two decades.

Speaking on the occasion, Amjad Iqbal Al Lawati, Deputy General Manager – Customer Segments, said: “Bank Muscat is delighted to win this prestigious award from Global Finance once again, and I would like to take this opportunity to thank all our valued customers for their trust and strong confidence in the bank. By repeatedly winning accolades, Bank Muscat has highlighted the highest standards of professionalism achieved by conforming to international norms, standards and practices. Going ahead, our customers can continue to expect outstanding customer-centric services and products that will take care of their financial and wealth management needs.”

Bank Muscat Private’s offerings are powered by its knowledgeable and well trained base of Relationship Managers (RMs), who work closely with each client to offer highly customised financial and wealth management services and solutions. Private banking clients have access to a complete suite of investment options in global asset classes through its wealth management platform and tie-ups with international counter parties. The range of solutions offered to its clients includes stocks, bonds, ETFs and mutual funds across global markets. Bank Muscat Private Banking also offers selective exposure to Private Equity Funds, Real Estate Funds and Commodity ETFs; Offshore Banking and Portfolio Management through globally reputed counterparties. Private Banking clients also receive regular research reports and briefings covering investment ideas, global macroeconomic outlook and updates on key economic and geographic events impacting performance of various asset classes.

An exclusive Private banking VISA Infinite credit card, a VISA Platinum debit card, luxury car finance and yacht finance are available for Private banking clients along with competitive rates for deposits, loans and foreign exchange. Clients also enjoy 1 percent cashback rewards on all transactions made through the Private Visa Infinite credit card. The Infinite credit card also facilitates unlimited access to 1,000+ airport lounges globally, complimentary chauffeur service to and from Muscat International Airport, special offers at over 900 luxury hotels around the world, multi-trip travel insurance and access to a Global Concierge Service. With the innumerable features and benefits on offer, Bank Muscat Private clients can look forward to a highly personalized financial journey. 

Bank Muscat remains committed to further expanding its innovative services for Private banking clients and providing an exclusive and unmatched banking experience. It must be noted that earlier in 2021, Bank Muscat’s Private Banking won 3 prestigious awards for being the Best Private Bank in Oman from EMEA Finance, Professional Wealth Management and Global Finance.

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