Bank muscat SAOG : wins prestigious Private Banking award from EMEA Finance

Bank Muscat wins prestigious Private Banking award from EMEA Finance

MUSCAT, 28 July 2021

Bank Muscat Private, the Sultanate's premier banking service targeted at exclusive High Net-worth Individuals (HNI), has won the prestigious Best Private Bank in Oman award from EMEA Finance. The award is an excellent recognition of the bank's unique Private Banking offerings, which provide an exceptional breadth and depth of wealth management solutions. The investment offerings cover global markets and all asset classes, through a robust execution platform administered by experienced and dedicated Relationship Managers. The Bank has been a multiple winner of EMEA Finance as well as similar awards from Global Finance, Professional Wealth Management and The Banker.

Abdulnasir Al Raisi, Deputy General Manager - Premier Banking, Bank Muscat, said: "We are delighted to be continuously recognised by EMEA Finance over the past many years as the Best Private Bank in Oman. This reflects the consistency of performance and the innovative strategies pursued by the bank. The high-end lifestyle benefits and banking facilities available to our Private Banking clients are the best in the Sultanate. We are very happy that the high standards of professionalism, achieved by Bank Muscat Private as well as the exceptional breadth of our wealth-management and investment solutions are recognised at by leading publications across the globe."

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, ETFs and mutual funds; across global markets. Bank Muscat Private Banking also offer selective exposure to private equity funds, real estate funds and commodity 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 also include conventional accounts, term deposits, currency exchange, domestic and international transfers, online banking and regular asset monitoring. Exclusive Private banking VISA Infinite credit card, VISA Platinum debit card, luxury car finance and yacht finance are available for Private banking clients along with competitive rates for deposits, loans and foreign exchange.

Private banking clients enjoy 1% cashback rewards on all transactions made through Private 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 Global Concierge Service.

​The additional rewards and benefits for Private clients include high value Al Mazyona prizes. Private customers are eligible to participate in all the prize draws offering a total of RO 11 million in prize money in 2021. Bank Muscat remains committed to expand innovative services to Premier banking clients and provide an exclusive banking experience.