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Bank Muscat wins for 7th consecutive year

28 Jan 2024

Muscat – In emphasis of its customers’ trust and confidence in the suite of banking services provided to them, Bank Muscat, the leading financial service provider in the Sultanate of Oman has been awarded Oman’s Most Trusted Brand Award in the banking category for the 7th consecutive time.

H E Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, presented the award which has been instituted by Apex Media to Ilham Murtadha al Humaid, General Manager, Corporate Banking, Bank Muscat, in the presence of Saleh Zakwani, Executive Chairman, Apex Media, at a sparkling award ceremony held at Sheraton Oman Hotel, Muscat, on Monday.

The event was attended by a large number of guests including a number of their Highnesses, Excellencies, chairmen, managing directors, CEOs and other senior officials from the award winners.

The current addition of the Oman’s Most Trusted Brand Award ratified the top brands in the Sultanate based on public feedback and generated over 950,000 votes across 61 categories. The award reflects a validation of the public trust in different brands and distinguishes those who have been taken as the first choice of excellence in the minds of customers. It is worth noting that the brand recall for Bank Muscat was among the highest with respondents endorsing Bank Muscat as their most trusted partner and the first choice in the Sultanate’s banking sector.

Speaking on the momentous occasion, Ilham bint Murtadha al Humaid, General Manager, Corporate Banking, Bank Muscat, said: “It triggers immense pride that Bank Muscat has received this acknowledgement as Oman’s Most Trusted Brand for the 7th consecutive time. As an Omani Bank constantly striving to be closer to the evolving needs and aspirations of its customers in the sultanate, Bank Muscat has always been an icon of excellence and distinction demonstrated by its consistent innovation, customer-centricity, and market leadership for over four decades.

“We take this opportunity to thank our customers for their strong confidence and trust in the Bank and appreciate the honoring acknowledgement which Apex Media grants to Bank Muscat’s brand as the market leader in the banking sector.”

Ilham al Humaid also added that the Bank Muscat is regarded as one of the prominent and famous banking brands at the local, regional, and global levels. The OMTB prestigious award granted to the Bank Muscat demonstrates the Bank’s strategic implementation of corporate initiatives and innovative plans set to elevate its brand at higher levels. This acknowledgement equally puts emphasis on the Bank’s commitment to its vision “To serve you better, everyday.”

Needless to say, Bank Muscat has regularly been winning this reputable award since the Oman’s Most Trusted Brand Awards were first instituted in 2016. The bank, which is synonymous with customer-centricity, innovation, and trustworthiness, considers the award as a tribute to the largest banking family in the sultanate. As the leading financial service provider in Oman, Bank Muscat is committed to offering innovative and distinguished financial services and solutions that go in line with global financial trends.

In recognition of its stance of excellence in the banking sector, Bank Muscat received several awards during the past few years from local, regional, and global institutions. The Bank has received multiple prestigious awards from international publications including Global Finance, Euromoney, EMEA Finance, and The Banker, to name just a few.

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