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Bank MuscatOman
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Created before Nov 2016
Last update: 2022-08-19 11:16:15

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A Bank Muscat branch in the north of Oman. Photo: Ji-Elle via Wikimedia Commons (CC BY SA 3.0)

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.

Website http://www.bankmuscat.com
Headquarters
Markaz Al Tejari Street P.O. Box No.134 Post Ruwi
Muscat
Oman
CEO/chair Sheikh Waleed Khamis Al Hashar
CEO
Supervisor
Central Bank of Oman
Annual reports CSR report 2021
Annual report 2021
Ownership
listed on London Stock Exchange & Muscat Securities Market

Bank Muscat's major shareholder is the Oman sultanate (23.63%), 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 that might have been affected by the bank's finance.

Policy Assessments

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
BankMuscat
2020-09-09
OMN
2018
2
2
100
1.01000000003E+38
0
Oman
Profile
Reporting period
2018
PF deals under EP
2
Project names reported
2
% Project names reported
100
20200909
Last update: 2020-09-09
Explanation

EP reporting page: https://equator-principles.com/reporting-bank-muscat-s-a-o-g-2018/

Explanation

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. 

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
blog
external news
our news

BankMuscat Adopts the ‘Equator Principles’. First Bank from across the Middle East to take this ‘environment-friendly’ stand.

2007-08-18 | Muscat, Oman

Documents

Type:
Year:
annual reports
2022-05-09 00:00:00

CSR report 2021

2022-05-09 00:00:00 | Bank Muscat
annual reports
2022-05-03 00:00:00

Annual report 2021

2022-05-03 00:00:00 | Bank Muscat
annual reports
2021-06-01 00:00:00

CSR Report 2020

2021-06-01 00:00:00 | Bank Muscat
annual reports
2021-05-31 00:00:00

Annual report 2020

2021-05-31 00:00:00 | Bank Muscat
annual reports
2020-09-29 00:00:00

Annual report 2019

2020-09-29 00:00:00 | Bank Muscat
annual reports
2020-09-29 00:00:00

CSR report 2019

2020-09-29 00:00:00 | Bank Muscat
annual reports
2019-07-31 00:00:00

Annual report 2018

2019-07-31 00:00:00 | Bank Muscat
annual reports
2019-07-31 00:00:00

CSR report 2018

2019-07-31 00:00:00 | Bank Muscat
annual reports
2018-03-31 00:00:00

Annual report 2017

2018-03-31 00:00:00 | Bank Muscat
annual reports
2018-03-31 00:00:00

Sustainability report 2017

2018-03-31 00:00:00 | Bank Muscat
annual reports
2017-06-30 00:00:00

Sustainability report 2016

2017-06-30 00:00:00 | Bank Muscat
annual reports
2017-01-31 00:00:00

Annual Report 2016

2017-01-31 00:00:00 | Bank Muscat
annual reports
2016-03-14 00:00:00

Annual Report 2015

2016-03-14 00:00:00 | Bank Muscat
annual reports
2016-01-31 00:00:00

Sustainability Report 2015

2016-01-31 00:00:00 | Bank Muscat
annual reports
2015-10-13 00:00:00

Sustainability Report 2014

2015-10-13 00:00:00 | Bank Muscat
annual reports
2015-06-30 00:00:00

Sustainability Report 2013

-Report on core operations of Bank Muscat in Oman-
2015-06-30 00:00:00 | Bank Muscat
annual reports
2015-06-30 00:00:00

Annual Report 2014

2015-06-30 00:00:00 | Bank Muscat
correspondence
2010-12-18 00:00:00

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack

Policies

Voluntary standards

Bank Muscat has committed itself to the following voluntary standards:
  • Equator Principles
  • Global Reporting Initiative
  • UNEP Finance Initiative

Investment policies

Bank Muscat has no publicly available investment policies. The bank's webpage on corporate social responsibility only lists the bank's most recent CSR reports and can be accessed here.

Year:

Equator Principles

Implementation and reporting

Bank Muscat is reporting on the implementation here.

Contact and complaints

Good moves

Year:
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