MUSCAT, 18 August 2013 – Bank Muscat, the flagship financial institution in the Sultanate, has won the Retail Bank of the Year award by Asian Banking & Finance. The 2013 award ceremony held in Singapore honoured the very best of the region’s banks and financial institutions.
For several years, Asian Banking and Finance magazine (ABF) has been recognising the best performances of banking and finance institutions in Asia. This year, ABF recognised key banking and finance industry players which stood out with their innovative products and services for retail customers.
The awards acknowledged the 'best-of-the-best' practices in Asia's banking and finance industry, identifying new technologies, services and people contributing to significantly enhancing the banking and finance sector in Asia.
AbdulRazak Ali Issa, Chief Executive, said: “As the leading bank with a fast-growing network, Bank Muscat aims to deliver reliable, dynamic and innovative banking services to the largest banking family in Oman. The bank draws on its expertise to provide customers with the best banking products and services. We are proud to win this award which recognises the bank’s efforts and goal to maintain the leadership position in Oman.”