Muscat: In recognition of its excellence in providing diversified and outstanding solutions for wealth management, Bank Muscat, the leading financial services provider in the Sultanate of Oman, was awarded as the Best Private Bank in Oman by EMEA Finance, the well-known publication specialised in reporting financial and banking developments in Europe and the Middle East. The award sheds light on the professional standards achieved by the bank, in accordance with international standards and practices. It is an acknowledgment of the effective role and unique services of the bank that provide enriching solutions in the field of private banking.
Bank Muscat offers a wide range of private banking options, exclusive for high net-worth customers including investment offerings that cover global markets and all asset classes, through a robust execution platform administered by experienced and dedicated Relationship Managers. The offerings also cover stocks, bonds, ETFs and mutual funds across global markets.
Speaking on the occasion, Abdulnasir N. Al Raisi, General Manager – Personal Banking, Bank Muscat, said: “We are proud for being recognised again as the Best Private Bank in Oman by EMEA Finance. This reflects Bank Muscat’s entrepreneurship in providing various prominent banking services for its customers, who represent a top priority for the bank. They enjoy an exclusive banking experience starting from investment solutions, wealth management, advisory and other services, which can meet their expectations and deliver excellence in all aspects. The bank’s efforts to maintain high-level standards of professionalism, wealth management and investment solutions have been applauded by pioneer institutions around the world.”
Bank Muscat offers Private Banking customers a complete suite of services including private equity funds, real estate funds, ETFs, offshore banking and portfolio management through reputed global counterparties. Bank Muscat Private Banking also sends regular research reports to its customers as part of new initiatives to improve customer experience. These reports cover investment ideas, global macroeconomic outlook and updates on key economic and geographic events impacting performance of various asset classes.
The Private banking services include conventional accounts, term deposits, currency exchange, domestic and international transfers, online banking and regular asset monitoring. Visa Platinum debit card holders enjoy luxury car finance and yacht finance along with competitive rates for deposits, loans and foreign exchange. At the same time, Private banking Visa Infinite credit cardholders enjoy 1% cashback rewards on all transactions made through the Private banking Visa Infinite credit card. The card also facilitates exclusive Hilton Honors Gold Membership, unlimited access to 1,000+ airport lounges globally, complimentary chauffeur service to and from Muscat International Airport, special offers at over 900 luxury hotels around the world, multi-trip travel insurance and a Global Concierge Service.