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Last update: 2021-09-17 11:40:26
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About Bank Muscat
Bank Muscat, founded in 1982, is a large commercial bank in the sultanate of Oman. The bank provides corporate banking, retail banking, investment banking, islamic banking, treasury, private banking and asset management services. In addition, the bank has direct and indirect presence in all six Gulf Cooperation Council states, a representative office in Singapore which focuses on financial institutions and trade business, and is an associate in a securities company in India. Bank Muscat was the first Middle Eastern bank to adopt the Equator Principles in 2007, and is profiled as part of BankTrack's Tracking the Equator Principles campaign.
Markaz Al Tejari Street P.O. Box No.134 Post Ruwi
Sheikh Waleed Khamis Al Hashar |
CSR Report 2020|
Annual report 2020
listed on London Stock Exchange & Muscat Securities Market
Bank Muscat's major shareholder is the Oman sultanate (23.625%), the bank's complete shareholder structure can be accessed here.
|Complaints and grievances||
Bank Muscat does not have a complaints or grievances channel for individuals or communities who might have been affected by the bank's finance.
Tracking the Equator Principles
EPFIs reporting status
EP reporting page: https://equator-principles.com/reporting-bank-muscat-s-a-o-g-2018/
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning
BankTrack to Equator Principles banks; ‘get the Outside Job done’
New rules for Equator Principles, but no new commitments from banks
Equator Principles: Action, not words needed
Civil society groups call for bold steps forward with Equator Principles
Voluntary standardsBank Muscat has committed itself to the following voluntary standards:
Bank Muscat has no publicly available investment policies. The bank's webpage on corporate social responsibility can be accessed here.
Implementation and reporting
Bank Muscat is reporting on the implementation here.