In recognition of its exceptional breadth of wealth management solutions and customer-centric vision, Bank Muscat Private, the sultanate’s premier banking service targeted at exclusive high net-worth individual customers, has once again won the prestigious ‘Best Private Bank in Oman’ award from Global Finance for 2021.
The prestigious award adds to a number of other international awards received in the recent past from Professional Wealth Management and EMEA Finance, a press release said.
Speaking about the latest accolade to be received by the bank, Abdulnasir al Raisi, DGM of premier banking at Bank Muscat, said, “Bank Muscat Private banking has been repeatedly commended by the global banking community and we are delighted to receive this endorsement from Global Finance once again. There is no doubt that repeatedly winning accolades on the global stage reflects the consistency of performance and the innovative strategies pursued by the bank to stretch its operational excellence. It highlights the standards of professionalism achieved by the bank conforming to international norms, standards and practices.”
The bank’s offerings are powered by its knowledgeable and well trained base of relationship managers (RMs), who can take care of the financial and wealth management needs of its exclusive clientele. Bank Muscat Private Banking services include conventional accounts, term deposits, currency exchange, domestic and international transfers, online banking and regular asset monitoring.
Bank Muscat offers private banking clients a complete suite of investment options in global asset classes through its wealth management platform and tie up with international counter parties. The range of solutions offered to clients includes stocks, bonds, exchange traded funds (ETFs) and mutual funds; across global markets.
Bank Muscat Private Banking also offers selective exposure to private equity funds, real estate funds and commodity ETFs; offshore banking and portfolio management through reputed global counterparties.
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