(MENAFN- Muscat Daily) Bank Muscat has been named the 'Best Bank in Oman' by Euromoney. Omar al Musafir, chief representative officer (Dubai), received the prestigious Euromoney Award for Excellence at a ceremony held in Dubai.
This is for the twelfth time that the leading global financial magazine has endorsed Bank Muscat as the 'Best Bank in Oman.'
AbdulRazak Ali Issa, chief executive, said: ''Time and again, the performance of Bank Muscat has been lauded by the global banking community and we are delighted to receive yet another endorsement from Euromoney, reflecting the consistency of performance and the innovative strategies that have cemented the bank's reputation in a tough market.
''Year on year, the bank adopts new initiatives to stretch its operational excellence. A keen perception of customer requirements enables the bank to remain focused on developing products and services in line with the current and emerging needs,'' he said.
As an established bank with a fast-growing network, Bank Muscat aims to deliver reliable, dynamic and innovative services. The bank draws upon expertise from within to provide customers with the best banking products and services. The award recognises the bank's efforts and goal to maintain its leadership position, a release said on Saturday.
Euromoney evaluated the bank's product mix, financial performance, asset and revenue quality, customer satisfaction, IT systems and offerings. Euromoney awards are recognised as one of the most prestigious awards, given to institutions that demonstrate leadership, innovation and momentum in the markets in which they excel.
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