Overview

Last updated 06/10/2008
Country Oman
Ownership Private
Ownership Type Listed
Organisation Type Joint-Stock
Sector | Sub sector
  • Financial Services | Commercial Banking
Date of establishment 1982
Address PO Box 134
Ruwi, Oman Phone +968 24 768888
 Fax +968 24 707806

Summary

Last updated 06/10/2008

With assets worth over US $10.9 billion, BankMuscat (SAOG) is the largest bank in Oman today with a presence in Corporate Banking, Retail Banking, Investment Banking, Treasury, Private Banking and Asset Management. The Bank has a network over 100 branches and over 270 ATMs in Oman, a branch in Riyadh, Saudi Arabia, and a representative office in Dubai (UAE). BankMuscat also has a strategic stake in BankMuscat International (BMI) an independent Banking entity that will be focused on becoming a GCC regional bank. The Bank has also recently acquired a 43% stake in the Mangal Keshav Group, a securities house in the Indian equities market.

Officers

Last updated 18/04/2008
Name Job Title
AbdulMalik bin Abdullah Al Khalili Chairman
Sheikh Khalid bin Mustahail Al Mashani Deputy Chairman
AbdulRazak Ali Issa Chief Executive Officer
J Sunder George Deputy Chief Executive Officer
Ahmed M Al Abri Chief Operating Officer

Ownership / Shareholders

Last updated 18/04/2008
Name Country Holding
Royal Court Affairs Oman 17.05%
HSBC A/C The Bank of New York International USA 16.92%
Dubai Financial Group UAE 15.00%
Societe Generale France 7.79%
HSBC A/C Ministry of Defence Pension Fund Oman 6.64%
Muscat Overseas Group Oman 4.14%
Civil Service Pension Fund Oman 2.80%
Public Authority for Social Services Oman 2.13%
National Equity Fund Oman 2.02%
MOD Pension Fund Oman 1.99%

Affiliates

Last updated 18/04/2008
Name Country Sector Holding
BankMuscat International (BMI) Bahrain Financial Services 49.00%
Mangal Keshav Group India Financial Services 43.00%
Saudi Pak Commercial Bank Pakistan Financial Services 35.00%
Centurion Bank of Punjab India Financial Services 17.33%

Quote

Last 0.82 OMR 0.00 0.25%
Open 0.83 High/Low 0.83/0.80
Volume 3000 YR High/Low 2.35/0.70


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