In affirmation of its leading roles in the banking sector and its excellence in delivering diversified investment solutions, Bank Muscat, the leading financial services provider in the Sultanate of Oman, was honored with the Best Investment Bank in Oman Award by MEED during the distinguished MENA Banking Excellence Awards event held recently in Dubai. These prestigious awards recognize the most innovative and customer-focused financial institutions across various sectors in the region. The Bank’s award was received by Salim Said Al Shanfari, the representative of Bank Muscat’s office in UAE, attended by prominent figures from across the Middle East and the world. Bank Muscat was selected following a rigorous and comprehensive evaluation process, including in-depth assessments and consultations with industry experts.
This accolade stands as a testament to the bespoke financial advisory and fundraising solutions offered by Bank Muscat to businesses in Oman. The Bank, represented by its Investment Banking & Capital Markets Division, provides a wide range of advisory services encompassing corporate finance, project finance, debt capital markets, debt refinancing, structured financings, quasi-equity financings, private placements, mergers and acquisitions as well as managing initial public offerings (IPOs) in multiple business sectors. With a strong track record of pioneering achievements, Bank Muscat continues to deliver innovative and customized financial solutions that cater to the diverse needs of its customers.
On this occasion, Khalifa Abdullah Al Hatmi, Deputy General Manager – Investment Banking & Capital Markets at Bank Muscat, expressed his pride in winning the Best Investment Bank in the Sultanate. He said: “This recognition reflects the confidence of our customers in the Bank’s outstanding financial advisory and fundraising solutions. The Bank is dedicated to developing tailored fundraising solutions through a strategic focus on innovation and flexibility. We would like to extend our sincere gratitude to all customers for their continued trust and confidence in the Bank’s investment banking team.”
In recognition of its outstanding track record, Bank Muscat has received numerous accolades from prominent local and international institutions, including the “Deal of the Year” Award for its instrumental role in successfully managing the inaugural USS RegS/144A Sukuk Issuance of the Oman Telecommunication Company (Omantel) in the international capital market from the prestigious Islamic Finance News, and two distinguished awards from Euromoney: The Best Investment Bank in Oman and Best Bank for Alternative Investments.
Bank Muscat is the largest asset manager in the Sultanate of Oman and a leading asset manager within the GCC, with a legacy of excellence spanning nearly three decades. Bank Muscat manages investments across equities, fixed income and real estate assets in local, regional and international markets.
