Monday 01 / July / 2024
In recognition of its excellence in providing diversified and outstanding wealth management services, Bank Muscat, the leading financial service provider in the Sultanate of Oman, has been awarded the Best Private Bank in Oman for 2024 by Global Finance, a well-known publication specialized in reporting financial and banking developments. The award sheds light on the high professional standards achieved by the Bank, in accordance with international standards and practices. It is an acknowledgment of the effective role of the Bank in providing unique services and enriching wealth management solutions, catering to diverse needs of Private Banking customers. The selection results came after extensive consultations with corporate financial executives and bankers, banking consultants and analysts across the world.
Expressing his pride on this achievement, Abdulnasir Al Raisi, General Manager, Personal Banking, Bank Muscat, delivered his thanks to Global Finance for recognizing the Bank as the Best Private Bank in Oman. The continuous and consecutive recognition of Bank Muscat reflects its leadership position in delivering the best banking services and facilities to its customers. Bank Muscat Private Banking customers enjoy an exclusive banking experience through a suite of diversified banking and investment solutions including dedicated Private Banking centers, dedicated relationship managers for banking as well as wealth management, catering to their expectations with an endeavor to deliver excellence in all aspects. The Bank's efforts to maintain highest standards of professionalism, when servicing the Private Banking customers, especially for their wealth management needs, have been regularly applauded by pioneering institutions around the globe. Al Raisi took this recognition as an opportunity to thank Bank Muscat’s customers for their continuous confidence in the Bank’s services and facilities that satisfy their various banking needs and enhance their banking experience.
The recognition further solidifies Bank Muscat’s position as a leader in the banking sector in the Sultanate and adds to its long-standing success. Over the years, the Bank has remained committed to its strategy of providing the best services and banking products to suit all segments of society and meet their aspirations. With a wide range of retail, corporate, wholesale and investment banking services in addition to asset management and Private Banking offerings, Bank Muscat provides its customers with reliable, dynamic and innovative banking services and products, aiming to uphold market leadership and to maintain a high level of commitment to offering customers developed services that cater to their various present and future banking needs. Bank Muscat has an independent Private Banking branch at the Head Office and Private Customer Service Lounge in Bank Muscat MSQ Branch, backed by a team of experienced and dedicated Relationship Managers and a strong product team, which offers its customers global investment options across assest classes.
Furthermore, Bank Muscat offers Private banking customers a complete suite of investment options in global asset classes through its wealth management platform and through tie-ups with international counter parties. Its robust execution platform is backed by a team of experienced and dedicated Relationship Managers providing options to customers based on their individual preferences and market conditions. The range of solutions offered to customers includes stocks, bonds, ETFs and mutual funds across global markets, along with other customized investment options. Bank Muscat Private Banking also offers selective exposure to Private Equity Funds, Real Estate Funds and Commodity ETFs, Offshore Banking and Portfolio Management through globally reputed counterparties. Private Banking customers also receive regular research reports and briefings covering investment ideas, global macroeconomic outlook and updates on key economic and geographic events impacting the performance of various asset classes.
Private Banking customers can avail further offerings provided by the Bank including an exclusive Private banking VISA Infinite credit card, VISA Platinum debit card, customized credit solutions including luxury car and yacht finance, along with competitive rates for deposits, loans and foreign exchange. The customers can enjoy 1% cashback rewards on all transactions made through Private Visa Infinite credit card, which facilitates unlimited access to the card holder along with 1 guest, across 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 access to a Global Concierge Service.
