Bank Muscat - Company Profile
Powered by 
All the data and insights you need on Bank Muscat in one report.
$295
- Save hours of research time and resources with
our up-to-date Bank Muscat Strategy Report
- Understand Bank Muscat position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Bank Muscat (Bank Muscat) offers a wide range of consumer, commercial, Islamic, and wholesale banking solutions. Its portfolio of products includes savings accounts, deposit accounts, current accounts, payroll accounts, children’s accounts, credit cards, debit cards, pre-paid cards, and corporate cards. The bank provides home loans, education loans, car loans, mutual funds, hedge funds, private equity funds, and insurance solutions. It also provides various services, including payment solutions, money transfer, wealth management, asset management, portfolio management, investment banking, private banking, expat services, advisory, and project and structure finance. The bank operates through its branch offices, representative offices, and subsidiaries in the UAE, Oman, Kuwait, Saudi Arabia, Iran, and Singapore. Bank Muscat is headquartered in Ruwi, Muscat, Oman.
Headquarters
Oman
Address
Building No. 120/4 Block No.: 311, Airport Heights, Seeb Street No.: 62 P, P.O.Box 134, Muscat, 112
Website
www.bankmuscat.com
Telephone
968 24 795555
No of Employees
4,146
Industry
Financial Services
Ticker Symbol & Exchange
BKMB (MSM)
Revenue (2022)
$1.9B
7.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
5.9%
(2022 vs 2021)
Market Cap*
$5.3B
Net Profit Margin (2022)
XYZ
-1.6%
(2022 vs 2021)
* As of and is in US$
Bank Muscat premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Money Transfer |
| Savings | Remittance |
| Current | Wealth Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In November, the company partnered with Landmark Group and Visa to launch the Bank Muscat Shukran co-branded Visa Prepaid Card. |
| 2023 | Corporate Changes/Expansions | In October, the company opened a new branch in Al Khoudh-6. |
| 2023 | New Products/Services | In October, the company launched a digital service for institutional customers to receive market updates through WhatsApp. |
Competitor Comparison
| Key Parameters | Bank Muscat | Bank Dhofar SAOG | National Bank of Oman | Oman Arab Bank | Sohar International Bank SAOG |
|---|---|---|---|---|---|
| Headquarters | Oman | Oman | Oman | Oman | Oman |
| City | Muscat | Ruwi | Muscat | Ruwi | Muscat |
| State/Province | - | Muscat | - | Masqat | - |
| No. of Employees | 4,146 | 1,677 | 1,417 | 1,474 | 1,549 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sheikh Khalid bin Mustahail Al Mashani | Chairman | Executive Board | 2011 | - |
| Sheikh Ahmed bin Hamed bin Hilal Al Sadi | Deputy Chairman | Executive Board | 2020 | - |
| Sheikh Waleed Khamis Al Hashar | Chief Executive Officer | Senior Management | - | - |
| T. Ganesh | Chief Financial Officer | Senior Management | - | - |
| Sheikha Yousuf Al Farsi | Chief Operating Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward