Bank Muscat, the leading financial services provider in the Sultanate of Oman, was recently named the “Best Private Bank in Oman” by The Banker. This recognition underscores Bank Muscat’s contributions to the industry by offering the best banking solutions and products that cater to the diverse requirements of our customers, in alignment with the Bank’s customer-centric vision “To serve you better every day.”
On this occasion, Abdulnasir Al Raisi, General Manager of Personal Banking at Bank Muscat, said: “We take pride in this prestigious recognition, which underscores the Bank’s leading role in providing a full suite of distinguished banking services and solutions that aim to cater to the various needs of its valued Private Banking customers. These services include banking and wealth management solutions, backed with an experienced team of relationship managers. We would like to thank our customers for their continued confidence and support over the years, as we continue to strive to bring the best banking experience to all of them. The Bank will maintain its commitment to offering the best banking services and products to enhance the banking experience for all its customers.”
Bank Muscat has an exclusive Private Banking branch at the Bank’s Head Office at Airport Heights and dedicated Private Banking lounges at Madinat Sultan Qaboos branch, Azaiba 18th November Street branch, and Sohar mega branch in Al Batinah North Governorate. These desks are equipped with the latest technologies to offer an exceptional banking experience to Private Banking customers, aligned with the best banking standards in the Sultanate and internationally. Customers enjoy convenience while completing their transactions, with the support of dedicated relationship managers who ensure premium customer service.
Bank Muscat provides Private Banking customers with a complete suite of banking services and wealth management solutions including Mutual Funds, Fixed Income, Equity, Alternate Investment Products including Private Credit Funds, Structured Products and Real Estate Funds covering most global asset classes. The investment products offered by our Wealth Management Team are designed by Bank Muscat Asset Unit in collaboration with our reputed global partners. Bank Muscat Private Banking also sends regular investment research reports to its customers covering global macroeconomics and investment opportunities across asset classes, as part of our new initiatives to improve customer experience. The Bank also organizes various investment-focused events, where customers get to engage with investment speakers and experts from time to time and expand their knowledge about the existing and emerging market trends.
The Private Banking services include conventional accounts, term deposits, currency exchange, domestic and international transfers, online banking, regular asset monitoring and full boutique of wealth management services. Along with most competitive rates on deposits, loans, and foreign exchange transactions, the Bank’s Private Banking customers have access to the most exclusive luxury and lifestyle benefits when using Visa Platinum Debit Card and Private Banking Visa Infinite Credit Card. Private Banking Visa Infinite Credit Card offers unlimited access to 1,000+ airport lounges globally, complimentary chauffeur service to and from Muscat & Salalah International Airport, special offers at over 900 luxury hotels around the world, multi-trip travel insurance and a Global Concierge Service. In recognition of its leadership role in the Sultanate’s banking sector, Bank Muscat Private Banking has been regularly receiving several prestigious awards locally, regionally, and globally. These include multiple “Best Private Bank in Oman” awards from leading international institutions such as Euromoney, and EMEA Finance. The Bank was also ranked amongst Forbes Middle East’s 30 Most Valuable institutions.
