MUSCAT : For more than four decades of excellence and innovation, Bank Muscat, the leading financial services provider in the Sultanate of Oman, has firmly established itself as one of the pillars of the national economy. The bank has played a vital role in supporting sustainable economic and social development and continues to contribute to Oman’s renewed renaissance under the leadership of His Majesty Sultan Haitham bin Tarik.

Since its establishment in 1982, Bank Muscat has embodied the values of leadership and national responsibility. Guided by a strategic vision aligned with Oman Vision 2040, the bank has focused on innovation, empowering Omani talent, and advancing various banking sectors to serve the national economy. Throughout its successful journey, the bank has been instrumental in developing the corporate and institutional sector through the banking services and facilities it offers, contributing to the growth of businesses and supporting economic expansion across the Sultanate.

Innovative Solutions for Corporates

The bank has delivered innovative financial and investment solutions to major national companies, government entities, and large-scale infrastructure projects. It has played a significant role in financing strategic projects that support economic diversification and drive comprehensive development. With extensive expertise in structuring integrated financing solutions, the bank remains a key partner to both the public and private sectors in achieving sustainable economic development goals.

Leveraging its deep knowledge of diverse sectors and its ability to design innovative long-term financing solutions, Bank Muscat continues to meet the funding needs of strategic projects across the Sultanate. The bank also provides ongoing credit facilities for new ventures in various industries, including logistics and renewable energy, reaffirming its pivotal role in advancing the national economy.

Empowering Entrepreneurs

Bank Muscat was among the first financial institutions in Oman to establish a dedicated division for financing large, medium and small enterprises, ensuring a strong understanding of their needs and enabling them to contribute effectively to the nation’s development. The bank is proud to have supported many successes across sectors such as oil and gas, energy, water, metals and refining, land transport, seaports, airports, integrated tourism, real estate development, and telecommunications, in addition to several industrial projects through its comprehensive banking services.

The bank also places strong emphasis on supporting SMEs; a vital driver of the national economy and a hub for innovation. Through specialized programs such as the “Al Wathbah Academy,” the bank offers integrated solutions designed to help entrepreneurs overcome challenges and grow their businesses. Hundreds of Omani entrepreneurs have benefited from these initiatives, which aim to build a strong, competitive private sector that contributes to economic diversification and enhanced productivity.

Moreover, Bank Muscat continues to empower micro and small enterprises through the “Najahi” Business Banking Unit, launched in 2014 to provide tailored banking services and financing solutions that enable these enterprises to grow, expand and make a positive impact within the community.

Future-Ready digital Services

On the other hand, digital transformation has further enhanced the bank’s ability to offer convenient solutions to corporate clients by simplifying transactional banking. Bank Muscat’s Corporate Online Banking platform is a vital enabler, allowing companies to manage their financial operations securely, anytime and anywhere.

In line with its commitment to excellence in corporate banking, the bank has recently launched the advanced B2B (Business-to-Business) platform, which provides integrated banking solutions designed specifically for institutions and large companies. Through this system, major corporates can perform a wide range of transactions without visiting branches or the bank’s headquarters, including salary transfers, corporate-to-corporate payments, settlements, trade services, account management, financing requests and more, all through a seamless digital channel.

Wide Network of Branches and Devices

Reinforcing its leadership in retail banking, Bank Muscat maintains the largest branch network in the Sultanate, with more than 190 branches and over 900 ATMs, cash deposit machines and multi-function devices across all governorates and wilayats, ensuring its services remain accessible to customers everywhere. This extensive infrastructure supports financial inclusion and enables individuals and businesses to conduct transactions with ease and security, contributing to the growth of commercial and economic activity.

Employees are the Real Capital

In the field of human capital, Bank Muscat deeply believes that investing in people is the most important investment of all. Human development has therefore been placed at the core of its corporate strategy. Today, the bank employs more than 4,000 staff, with an Omanisation rate of 92%, including 100% in branches, reflecting the bank’s strong confidence in national talent.

The bank continues to invest in training and development programmes in collaboration with leading global universities such as Harvard and Cambridge to prepare future-ready banking leaders. Women represent 46% of the total workforce and 20% of leadership positions, underscoring the bank’s firm commitment to equality and empowering Omani women.

CSR and Community

Beyond its financial role, the bank continues to fulfil its national mission through a comprehensive social responsibility and sustainability strategy designed to generate long-term value for the nation. This approach creates a positive impact across multiple sectors, including education, youth, sports, renewable energy, and health. As the leading bank in social responsibility initiatives, Bank Muscat has established a dedicated department to ensure that all projects are socially responsible and reflect best practices in environmental preservation.

The bank is committed to implementing a wide range of social responsibility and community service programmes. At the forefront of these initiatives is the Green Sports Programme, which supports the development of community sports teams across various wilayats by enhancing their infrastructure. To date, the programme has benefited more than 223 local teams, representing over 70,000 members. The bank also runs the annual “Tadhamun” programme, implemented in cooperation with the Ministry of Social Development, which provides essential household appliances to low-income and social security families, benefiting more than 3,600 families so far. In addition, the bank launched the Wathbah Academy, designed to support Omani entrepreneurs across various sectors.

Moreover, the bank continues to champion financial literacy by introducing tailored initiatives aimed at enhancing financial awareness within the community. These include the Maliyat digital platform, along with the Maliyat Academy, which focuses on strengthening financial literacy among school students. To date, the academy has reached more than 77,000 students from approximately 1,190 schools across the Sultanate. The bank also plays an active role in promoting awareness on the risks of financial cyber fraud, in cooperation with the Royal Oman Police.

Bank Muscat is also among the first institutions to launch dedicated ATMs for individuals with visual impairments, installed at Al Noor Association for the Blind, demonstrating its commitment to financial inclusion, and equal opportunities. These initiatives reaffirm the bank’s dedication to supporting a cohesive society and a balanced economy, in line with Oman’s vision for a prosperous and sustainable future.

In partnership with the Ministry of Heritage and Tourism, Bank Muscat contributed to the development of the Old Misfat Project in Misfat Al Abriyeen village, located in the Wilayat of Al Hamra in Al Dakhiliyah Governorate. The project aims to support tourism, boost local economic activity, and offer opportunities for entrepreneurs to launch innovative ventures,reflecting the bank’s ongoing commitment to national development.

Most recently, the bank announced the opening of the first community sports project in the village of Kumzar in Musandam Governorate, in collaboration with the Office of the Governor of Musandam. The project forms part of wider efforts to enhance sports infrastructure in selected areas across the Sultanate. The playground was strategically built overlooking the Strait of Hormuz and is equipped with full safety features, lighting, and artificial turf, providing a suitable environment for all age groups and serving as a vibrant space for the village’s residents.

Excellence in Islamic Banking

Through Meethaq Islamic Banking, Bank Muscat continues to strengthen its leadership in Sharia-compliant financial services; a key pillar of the national banking system. Since its launch in 2013, Meethaq has expanded its branch network to more than 32 branches, the largest among Islamic banks and windows in the Sultanate, in addition to over 64 ATMs and cash deposit machines, with full access to Bank Muscat’s ATM network. Meethaq has played a vital role in financing residential, commercial, educational and industrial projects, and in supporting entrepreneurs through tailored Sharia-compliant solutions, becoming a model that combines tradition with innovation while supporting national sustainability goals.