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The
Treasury Department license, issued in February 2016 and never disclosed, would have allowed Iran to convert $ 5.7 billion it held at Oman's Bank of Muscat from Omani rials into euros by exchanging them first into
395:(IiP) organisation in January 2007, becoming the first banking organisation in the MENA region to be awarded the global recognition. In 2004, Bank Muscat became the first bank in the Middle East to be completely
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In 2013, the bank was hit by a $ 39 million fraud scheme using prepaid travel cards accessed from outside of Oman. This led to an impairment charge impacting 10.5% of Bank Muscat's earnings for the period.
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31.9 billion in 2018, has the largest network in Oman exceeding 150 branches. As of 2022, the bank has more than 2 million customers, 174 branches, and more than 800 points of interaction, including
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327:(ATM), deposit machines (CDM), and full-function machines (FFM). Assets for 2021 were $ 34 billion and net income was $ 493 million.
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549:"Sheikh Waleed Khamis Al Hashar and Bank Muscat recognised as Best CEO and Best Managed Bank in Oman"
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secretly issued a license to Bank Muscat to convert $ 5.7 billion in
Iranian overseas reserves from
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certified. In 2022, the bank was ranked among the top 30 banks in the region by Forbes Middle East.
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359:. The Bank has whole ownership of Muscat Capital, a brokerage and investment banking entity in
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710:"Bank Muscat wins Best Retail Bank in Oman Award at MENA Banking Excellence Awards 2022"
520:"Bank Muscat wins Best Retail Bank in Oman Award at MENA Banking Excellence Awards 2022"
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495:"Global Finance Magazine - Best Banks In The Middle East 2019: Sunny Outlook"
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681:"Bank Muscat honored with an award for exellence in service delivery"
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652:"Bank Muskat wins global benchmark Bank of the Year award by Banker"
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Bank Muscat was voted the ‘Best Bank in Oman’ for seven years by
387:. Bank Muscat is the recipient of the Hewitt recognition as the
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791:"Secret Obama-era permit let Iran convert funds to dollars"
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The international operations consist of a branch each in
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764:"Oman's Bank Muscat Hit By $ 39m Prepaid Card Fraud"
49:. Unsourced material may be challenged and removed.
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626:"Arif Habib Corp acquires 28% stake in Silkbank"
391:’s Best Employer 2009. The Bank was declared an
789:Lederman, Josh; Lee, Matthew (June 6, 2018).
739:"Bank Muscat hit by $ 39m ATM cash-out heist"
477:"Bank Muscat on the Forbes Global 2000 List"
788:
600:"Muscat Capital launches real estate fund"
427:, something not normally permitted due to
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109:Learn how and when to remove this message
413:United States Department of the Treasury
291:is a financial services provider in the
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429:United States sanctions against Iran
47:adding citations to reliable sources
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363:, and a 11.8% stake in Silkbank in
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16:Financial services company of Oman
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449:"Company Overview of bank muscat"
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187:Sheikh Waleed Khamis Al Hashar,
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866:Companies based in Muscat, Oman
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34:needs additional citations for
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347:and representative offices in
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385:Global Finance and Euromoney
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851:1982 establishments in Oman
687:(in Arabic). Archived from
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325:automated teller machines
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871:Companies in the MSM 30
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743:www.theregister.co.uk
425:United States dollars
150:Finance and Insurance
795:The Associated Press
403:International issues
43:improve this article
630:The Express Tribune
262:Number of employees
256:31.9 billion (2018)
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770:. 26 February 2013
606:. 25 December 2017
393:Investor in People
305:investment banking
236:469 million (2018)
216:1.5 billion (2018)
199:Financial services
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632:. 9 December 2015
297:corporate banking
293:Sultanate of Oman
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58:"Bank Muscat"
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54:Find sources:
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32:This article
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835:Banks portal
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772:. Retrieved
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718:the original
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361:Saudi Arabia
341:Saudi Arabia
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243:Total assets
164:Headquarters
136:Company type
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41:Please help
36:verification
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417:Omani rials
389:Middle East
371:Recognition
289:Bank Muscat
278:.bankmuscat
122:Bank Muscat
845:Categories
724:2024-03-31
695:2024-03-31
666:2024-03-31
563:2024-03-31
534:2024-03-31
481:forbes.com
435:References
377:The Banker
331:Operations
295:providing
223:Net income
183:Key people
69:newspapers
381:FT London
357:Singapore
800:dollars.
365:Pakistan
309:treasury
195:Products
146:Industry
99:May 2017
774:29 June
748:29 June
636:29 June
610:29 June
584:29 June
504:29 June
454:29 June
271:Website
205:Revenue
156:Founded
83:scholar
345:Kuwait
337:Riyadh
169:Muscat
159:Muscat
140:Public
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421:euros
419:into
349:Dubai
266:3,779
90:JSTOR
76:books
776:2019
750:2019
638:2019
612:2019
586:2019
506:2019
456:2019
423:via
355:and
343:and
321:US$
315:and
280:.com
254:US$
234:US$
214:US$
175:Oman
62:news
353:UAE
276:www
189:CEO
45:by
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