EMEA Finance recognises Bank Muscat’s leadership in private banking in Oman

by | Jun 2, 2024 | 0 comments

MUSCAT – Bank Muscat won the Best Private Bank in Oman from EMEA Finance, in recognition of the Bank’s innovative banking solutions in wealth management and achieving the aspirations of high-net-worth customers.

Being one of the most important awards in the banking sector in the Middle East, the EMEA Finance Awards honor banking institutions based on their financial performance, service quality standards, and excellence in the sector. They are based on key criteria in the selection process for the best banks, encompassing the growth of the bank’s products in the market, innovation in products and services, as well as the quality of business strategy.

Abdulnasir N. Al Raisi, General Manager – Personal Banking, Bank Muscat, said: “We are delighted to receive this award from EMEA Finance, affirming Bank Muscat’s leadership in offering exceptional banking services to private banking customers. We focus on delivering innovative digital solutions and effective wealth management options from investment solutions to wealth structuring and consulting. We extend our gratitude to all our customers for their trust in our products and services, and we remain committed to continually enhancing our offerings to serve them better.”

Bank Muscat offers Private Banking customers a complete suite of investment options in global asset classes through its wealth management platform and tie-ups with international counter parties. The solutions offered include stocks, bonds, exchange-traded funds (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 customers 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. Private Banking team also organizes regular events for Private Banking customers for interacting with Global Fund managers who share their outlook on Macroeconomic trends and investments ideas across asset classes and geographies.  Private banking customers can get an exclusive Private Banking Visa Infinite Credit Card, a Visa Platinum Debit Card, and enjoy a premium level of service, including dedicated centers for Private Banking services at Bank Muscat headquarter’s branch, Madinat Sultan Qaboos branch, as well as in Sohar mega branch, in addition to a dedicated relationship manager for each customer to ensure a comfortable banking experience. Private Banking customers also get competitive foreign exchange rates, daily cash withdrawal limit of up to RO 2,000 as well as a daily purchase limit of up to RO 30,000.

For more information about the benefits offered to Private Banking customers, please visit the page: https://www.bankmuscat.com/en/premier-banking/Pages/bank-muscat-private-banking.aspx.

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