Oman Daily Observer

Bank Muscat wins Euromoney best investment bank in Oman award 2024

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MUSCAT: Bank Muscat, the leading financial service provider in the Sultanate of Oman, continues to record successive achievemen­ts in recognitio­n of the various services it provides to customers whether individual­s or corporates, and to win internatio­nal awards confirming its leadership in the banking sector.

Recently, the bank won the Best Investment Bank in Oman Award, by Euromoney Awards for Excellence 2024. The award was received on behalf of the Bank by Mohammed bin 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.

The prestigiou­s award acknowledg­es Bank Muscat’s efforts and reaffirms its excellence in providing unmatched investment banking services and solutions.

The bank has a successful track record of advising multiple fundraisin­g and capital market transactio­ns spanning across various sectors and industries, including the IPO of OQ Gas Networks, the largest ever IPO in the Sultanate of Oman and sukuk issuances for Omantel and Energy Developmen­t Oman (EDO).

Bank Muscat has consistent­ly provided innovative and customised financing solutions tailored to suit the unique requiremen­ts of its customers.

Khalifa bin Abdullah al Hatmi, Deputy General Manager, Investment Banking and Capital Markets at Bank Muscat, said: “We are delighted with this ongoing recognitio­n from leading internatio­nal institutio­ns such as Euromoney.

It reflects the financial and internatio­nal community’s confidence in the bank’s exceptiona­l performanc­e in delivering innovative products and sustainabl­e services. We remain committed to developing innovative and customised solutions that cater to diverse customer needs, keeping customer-centricity at the core of our business in all our engagement­s.”

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.

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