Khalifa Al Hatmi: We offer a comprehensive suite of investment products & innovative solutions to meet individual and corporate customers’ needs
More than US $40 billion for over 95 financial advisory and fundraising mandates were delivered over the last 15 years
MUSCAT, 18th September 2024 – The capital markets are crucial pillars for boosting economic growth across the world as they contribute to sustainable development and the creation of a strong economy through offering a platform to businesses for raising capital while providing investors an opportunity to invest the capital in line with their investment objectives. Bank Muscat, the leading financial services provider in the Sultanate of Oman, has been playing an important role in capital markets in Oman, as evidenced by the continuous accomplishments of Bank Muscat and the prominent strategies implemented to support its pioneering role as a trusted banking institution for over 40 years.
In line with its vision “To Serve You Better, Everyday”, Bank Muscat, represented by Investment Banking and Capital Markets team, is committed to attaining excellence and reaffirming its leadership position by offering a diverse range of innovative investment products that reflect latest trends amid the evolving global and GCC markets. These products are designed suitably to meet the needs of both types of investors i.e. individuals and institutions. Further, the Bank offers unique financial advisory solutions to support various projects and corporates in the Sultanate and promote local and foreign investments.
In order to highlight the Bank’s role in developing the capital markets, recently Bank Muscat organised a media meet to highlight Bank Muscat’s contributions to the investment banking and capital markets field locally and regionally. The visit, attended by a number of media representatives, provided an opportunity for the audience to have conversations with the Bank’s officials, as well as to further strengthen partnership with various media outlets, which are an important component of theBank’s growth and success.
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. Further, the Bank’s investment banking team is the market leader in offering financial advisory and fundraising solutions across debt or equity solutions and for a wide range of instruments. Being the largest financial advisory team in Oman, it has delivered more than US $40 billion for over 95 financial advisory and fundraising mandates over the last 15 years.
Speaking about the event, Khalifa Abdullah Al Hatmi, Deputy General Manager, Investment Banking and Capital Markets at Bank Muscat, said: “I would like to take this opportunity to express my appreciation to all our stakeholders for their partnership and ongoing cooperation. The Investment Banking and Capital Markets department’s accomplishments over the years reflect Bank Muscat’s commitment to incorporating the Bank’s values into its various businesses; working towards enhancing the Bank’s vision and serving the customers better every day. Bank Muscat invests heavily in its expertise in expanding financial advisory services, providing investment opportunities, and promoting Oman’s economy by successfully completing several strategic transactions for major institutions across a diverse range of economic sectors.”
Khalifa Al Hatmi further explained: “Bank Muscat is keen to maintain its leadership in investment in the Sultanate and the progress made thus far is a testament to the dedication shown by our team of experts and professionals, who are committed to providing the best in class investment services to the Bank’s individual and corporate customers.”
Bank Muscat’s Investment Banking team is the market leader in corporate finance and 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.
Recently, Bank Muscat launched Al Tharwa Fund, the first of its kind “income and growth” fund in Oman, with an objective to provide individual and institutional investors with stable returns through regular dividend distributions along with capital appreciation. The Fund provides the unique benefits of diversification by investing in two key asset classes i.e. equity and fixed income through a single fund. Similarly, the Bank offers Bank Muscat Oryx Fund which primarily invests in listed equities in the GCC region and Bank Muscat Money Market Fund which invests in fixed-income instruments of leading financial institutions in Oman.
Spanning over the last years, Bank Muscat won 24 regional and global awards reaffirming its pioneering position in investment banking from prominent organizations such as the Best Investment Bank Award from Euromoney, the Best Local Bank and the Best Asset Manager Awards from EMEA Finance, besides the Best Investment Bank from Global Finance. These achievements are a testament of the Bank’s leadership in the sector.
