MUSCAT: Bank Muscat, the leading financial services provider in the Sultanate of Oman celebrated the 16th edition of its annual Partners in Progress (PiP) awards ceremony at the Kempinski Hotel Al Mouj, Muscat to honour top merchant partners from government institutions and private sector companies. The event was held in the presence of Shaikh Waleed K al Hashar, Chief Executive Officer, Bank Muscat and members of the bank’s Management Team. The gala event was attended by representatives from the Top 40 institutions, who have implemented various payment acceptance solutions using POS terminals.
Nine ministries and government institutions won awards for implementing the bank’s payment acceptance solutions using POS terminals at the awards ceremony including the Royal Oman Police, Ministry of Labour, Ministry of Housing and Urban Planning, Ministry of Commerce, Industry and Investment Promotion, Ministry of Interior, Ministry of Health, Oman Development Bank, Supreme Judiciary Council and Ministry of Agriculture, Fisheries and Water Resources.
Corporate merchant partner winners included: Omantel, Landmark Group, OIFC, Otaxi, Awasr, Carrefour, Extra, NMC Healthcare, Ikea, Al Ahlia Insurance, Talabat, Lulu Hypermarket, Ooredoo, Al Shaya International, Shell Oman Marketing, Malabar Gold Jewellery, Pizza Hut, Muscat Pharmacy, ONEIC, Oman International Container Terminal, Apparel International, Salam Air, The International School of Choueifat, Global Exchange, Makkah Hypermarket, Thawani, Abdul Samad Al Qurashi, Tageer Finance, Six Senses Zighy Bay, Saud Bahwan Automotive and Al Fair.
On this occasion, Abdulnasir al Raisi, General Manager – Personal Banking, Bank Muscat congratulated all the winners and thanked them for their efforts in promoting various merchant solutions. He reiterated the importance with which Bank Muscat values its partnerships and added that the bank is very proud of this partnership with all its institutional customers and would strive to provide the best and latest services for its customers. He added that Bank Muscat would work to further enhance and strengthen its partnership and wished everyone even greater success in the future.
Speaking on the occasion, Abdullah Hamood al Jufaili, Assistant General Manager - Digital Banking, Bank Muscat, said that the bank was keen to maintain its market leadership and thanked all partners for their contribution in the growth of payment transactions. Customers are increasingly taking advantage of the ease and speed of such modern options. It is indeed a matter of pride that the bank’s partner network has now grown to more than 20,000. Over 160 million transactions are now being carried out annually through an installed base of over 35,000 POS machines and 600 e-commerce outlets. We are delighted to be a leading bank in providing such solutions through which our partners can easily receive payments. He added that the payments sector was going through an intense period of innovation and that going ahead, Bank Muscat would continue to keep pace with the aspirations of its customers so as “to serve them better, every day”.
As the leading financial services provider in the Sultanate of Oman, Bank Muscat has an extensive branch network of 178 branches across the country and more than 820 devices, including ATMs, CDMs and omnichannel devices distributed in all governorates. Thus, Bank Muscat is the first choice for more than two million customers in the Sultanate and plays a major role in enhancing financial inclusion in the country through the innovative products it develops for customers. In order to provide the best services, the bank is constantly updating its digital channels of internet and mobile banking to enhance the effectiveness and convenience of customers’ experience through secure, easy and fast options at the same time. Today, these digital channels have more than 1.6 million registered customers to take advantage of the wide range of benefits offered, including bill payment, fund transfer within the bank or within Oman, international fund transfers and many others. Premier banking customers of the bank can benefit from exclusive and unique benefits offered by Private Banking, Asalah Priority Banking and Al Jawhar Privilege Banking.
Bank Muscat is always keen to develop its products and provide banking services to keep pace with current and future developments. It is a matter of encouragement that the bank has been praised and appreciated by various local, regional and international institutions. Forbes Middle East has ranked the bank as one of the Top 50 Banks and the Top 100 Companies in the Middle East. The bank was also recently recognised by MEED as the Best Retail Bank in the Sultanate of Oman for its best practices, its customer-centric vision and the innovative and modern offers it provides.
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