ArabianBusiness.com - Middle East Business News
Sunday, 22 November 2009 05:35 UAE time

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BankMuscat

Main Category: Commercial Bank
First Address : PO Box 134
City : Ruwi
Country : Oman
Phone: 968 2 4768888
Fax: 968 2 4785572
Website: www.bankmuscat.com


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ALL STORIES LIST


Bank Muscat seeking 15m rials via auction

Auction of certificates of deposit later this month part of an overall plan to raise 250m rials this year.

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Bank Muscat posts 44% profit jump

Oman's largest lender see Q3 net income increase to $84mn, meeting analysts' forecasts.

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Oman seeks $4bn for shipping expansion

Finance ministry reveals plan to add up to 20 tankers to shipping fleet, loan deal by year-end.

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Earning from experience

AbdulRazak Ali Issa, of BankMuscat, outlines a selection of the company's diverse range of funds.

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BankMuscat and Edutech create Basel II training system

BankMuscat and Edutech have jointly developed an e-learning system to train bank staff on Basel II compliance

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Bank Muscat plans Saudi expansion

Oman's biggest bank to open two more branches in kingdom as part of broader Gulf ambitions.

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BankMuscat in US$166m Octal loan

BankMuscat has agreed a US$166.5 million loan facility for Oman-based Octal Petrochemicals as it prepares to launch a new plastic packaging venture in Salalah Free Zone.

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Bank Muscat agrees Dubai stake sale

Shareholders in Oman's biggest lender have approved the sale of a 15% stake to Dubai Financial.

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Bangkok banking

A look at the latest core banking success stories at this year's Temenos Client Forum in Bangkok.

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BankMuscat hires chief executive

BankMuscat International appoints former Barclays senior banker Andrew Bainbridge as CEO.

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Dubai Financial takes 15% Bank Muscat stake

The government-owned firm becomes the bank's second-biggest shareholder in a $619mn deal.

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Consortium to buy stake in Saudi Pak Bank

Bank Muscat thought to be part of consortium acquiring majority stake in Pakistan-based bank.

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Bank Muscat to raise share capital for growth

The Omani lender is planning to raise more capital to help finance expansion.

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Egypt billionaire eyes Saudi Pak bank stake

Naguib Sawiris is among four parties competing for a majority $100m stake in the bank.

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Gonu inflicts damage on Oman’s banking sector

Banks reported damage to branches and ATMs from strong winds and flooding, but continued to operate.

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Banking in the GCC

Will the banking industry be the next sector to feel the wind of change sweeping through the Gulf?

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Free bank loans for Gonu victims

BankMuscat is offering an interest free loan to help victims of cyclone Gonu.

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Ahli United Bank to buy 35% of Alliance

The $132m stake in Oman's biggest mortgage lender trumps a takeover offer by Bank Muscat.

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Why Gonu should teach us all a lesson

We've all been taken aback by reports of loss in wake of Cyclone Gonu, writes Melissa Hancock.

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BankMuscat: the after effects of the storm

Each week Arabian Business turns the spotlight on a leading company.

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Bank Muscat's bid for Alliance 'no longer valid'

The Omani bank's offer for the mortgage lender is no longer valid as of June 13.

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Oman's banks count the cost of Gonu

Many of the Sultanate's banks report damage to branches and ATMs, but continue to operate.

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Oman's Alliance still seeks suitors

Alliance Housing Bank continues talks despite a hostile takeover bid by Bank Muscat.

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Alliance urges rejection of Bank Muscat bid

Bank's board believes other undisclosed options present the best hope for the future.

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Oman's banking transactions

The developing mortgage and housing market in the sultanate is maintaining its strong growth with new bank openings and bids for mergers.

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Zubair Corporation inks $100m loan deal

The Omani company signs a corporate loan with banks including National Bank of Abu Dhabi.

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Alliance ask-price exceeds new limit

Shares in the Oman bank didn't trade on Wednesday following the bid from Bank Muscat.

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Bank Muscat offers $204m for Alliance

Oman's largest lender says it has made an offer to merge with Alliance Housing Bank.

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Oman launches e-payment gateway

Robust, secure solution allows electronic transactions.

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Bank Muscat profit surges 43.8%

Oman's largest lender reports a first-quarter profit of $49.53m.

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Bank Muscat eyeing Gulf acquisitions

Oman’s largest bank is looking to boost foreign profit by increasing investments, as Q1 profits up over 30%.

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Revealed: Gulf's most admired companies

Arabian Business has published its '50 Most Admired' list of regional companies.

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Islamic bank set to launch in Kenya

A consortium including Bank Muscat and Dubai's Istithmar will launch Gulf African Bank in April.

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BankMuscat rolls out core system

Temenos software will help bank manage operations

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Gitex 2009