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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
406:(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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338:(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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560:"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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370:. The Bank has whole ownership of Muscat Capital, a brokerage and investment banking entity in
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721:"Bank Muscat wins Best Retail Bank in Oman Award at MENA Banking Excellence Awards 2022"
531:"Bank Muscat wins Best Retail Bank in Oman Award at MENA Banking Excellence Awards 2022"
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506:"Global Finance Magazine - Best Banks In The Middle East 2019: Sunny Outlook"
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692:"Bank Muscat honored with an award for exellence in service delivery"
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663:"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
398:. Bank Muscat is the recipient of the Hewitt recognition as the
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802:"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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775:"Oman's Bank Muscat Hit By $ 39m Prepaid Card Fraud"
60:. Unsourced material may be challenged and removed.
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637:"Arif Habib Corp acquires 28% stake in Silkbank"
402:’s Best Employer 2009. The Bank was declared an
800:Lederman, Josh; Lee, Matthew (June 6, 2018).
750:"Bank Muscat hit by $ 39m ATM cash-out heist"
488:"Bank Muscat on the Forbes Global 2000 List"
799:
611:"Muscat Capital launches real estate fund"
438:, something not normally permitted due to
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120:Learn how and when to remove this message
424:United States Department of the Treasury
302:is a financial services provider in the
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440:United States sanctions against Iran
58:adding citations to reliable sources
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374:, and a 11.8% stake in Silkbank in
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27:Financial services company of Oman
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460:"Company Overview of bank muscat"
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589:"International Operations Group"
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877:Companies based in Muscat, Oman
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330:. The bank, with assets worth
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358:and representative offices in
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396:Global Finance and Euromoney
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862:1982 establishments in Oman
698:(in Arabic). Archived from
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867:Banks established in 1982
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336:automated teller machines
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882:Companies in the MSM 30
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754:www.theregister.co.uk
436:United States dollars
161:Finance and Insurance
806:The Associated Press
414:International issues
54:improve this article
641:The Express Tribune
273:Number of employees
267:31.9 billion (2018)
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781:. 26 February 2013
617:. 25 December 2017
404:Investor in People
316:investment banking
247:469 million (2018)
227:1.5 billion (2018)
210:Financial services
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643:. 9 December 2015
308:corporate banking
304:Sultanate of Oman
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69:"Bank Muscat"
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65:Find sources:
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43:This article
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846:Banks portal
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783:. Retrieved
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729:the original
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700:the original
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671:the original
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372:Saudi Arabia
352:Saudi Arabia
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254:Total assets
175:Headquarters
147:Company type
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52:Please help
47:verification
44:
428:Omani rials
400:Middle East
382:Recognition
300:Bank Muscat
289:.bankmuscat
133:Bank Muscat
856:Categories
735:2024-03-31
706:2024-03-31
677:2024-03-31
574:2024-03-31
545:2024-03-31
492:forbes.com
446:References
388:The Banker
342:Operations
306:providing
234:Net income
194:Key people
80:newspapers
392:FT London
368:Singapore
811:dollars.
376:Pakistan
320:treasury
206:Products
157:Industry
110:May 2017
785:29 June
759:29 June
647:29 June
621:29 June
595:29 June
515:29 June
465:29 June
282:Website
216:Revenue
167:Founded
94:scholar
356:Kuwait
348:Riyadh
180:Muscat
170:Muscat
151:Public
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432:euros
430:into
360:Dubai
277:3,779
101:JSTOR
87:books
787:2019
761:2019
649:2019
623:2019
597:2019
517:2019
467:2019
434:via
366:and
354:and
332:US$
326:and
291:.com
265:US$
245:US$
225:US$
186:Oman
73:news
364:UAE
287:www
200:CEO
56:by
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