Bank Muscat, the leading financial service provider in the Sultanate of Oman, has recently won the Best Investment Bank and the Best Asset Manager in Omanawards at the EMEA Finance’s Middle East Banking Awards 2023, in recognition of its leadership in the banking industry and the investment sector. The awards were received on behalf of the Bank by Mohammed Sultan Al Habsi, Chief Representative, UAE Representative Office, Bank Muscat, at a recent ceremony held in Dubai in the presence of a number of prominent industry figures from the Middle East and across the world.
This continued recognition reaffirms Bank Muscat’s excellence in providing unmatched investment products and services. The Bank offers a wide range of asset management solutionsincluding equity funds, private equity funds and real estate funds in the Sultanate of Oman and the GCC region. Bank Muscat alsohas a successful track record of providing innovative and customized financing solutions to suit the unique requirements of its customers. In 2023, the Bank successfully advised on multiple transactions spanning across various sectors and industries including the Initial Public Offering of OQ-Gas Networks (OQ-GN), the largest IPO ever in the Sultanate of Oman and the US $1bn sukuk for Energy Development Oman (EDO).
On the occasion, Khalifa Abdullah Al Hatmi, Deputy General Manager, Investment Banking & Capital Markets, Bank Muscat,noted: “Being continuously awarded by the prestigious EMEA Finance reaffirms the trust of the international financial community in the Bank’s performance and the unparalleled products and sustainable services it provides. We aim to continue developing contemporary and customized solutions to accommodate the unique requirements of our customers by consistently focusing on innovation, agility and customer-centricity in all of our engagements and solutions. We thank all customers for their continuous trust in the services that Bank Muscat is constantly providing.”
Bank Muscat is the largest asset manager in Oman and a leading asset manager in the GCC region, with a proven track record of successful operations for almost three decades. It offers tailored investment solutions across various asset classes including equity, fixed income, real estate and private equity investments. Similarly, the Bank is also a market leader in corporate finance advisory solutions encompassing corporate finance, project finance, debt capital markets, debt refinancing and restructurings, IPOs, structured financings, quasi-equity financings, private placements, as well as mergers and acquisitions in the Sultanate of Oman. In a testament of its leadership in the sector, the Bank won multiple awards from local and global prominent organizations such as the FX Tech Award by Foreign Exchange Publisher 2024, the Best Private Bank in Oman by Global Finance, the Best Retail Bank and the Best Digital Bank Awards from MEED and the Best Local Bank by Euromoney. It was also recognized as the Most Trusted Brand locally by Apex Media.
