Home › Banks ›
Bank
Bank MuscatOman

Active

This profile is actively maintained
Last update: 2022-08-19 11:16:15
A Bank Muscat branch in the north of Oman. Photo: Ji-Elle via Wikimedia Commons (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2022-08-19 11:16:15
About
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
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.

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.

Sustainability
Policies
Voluntary standards

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.

Bank Muscat has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Global Reporting InitiativeTags: sustainable development | human rights
UNEP Finance InitiativeTags: United Nations | sustainable development
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack quoted
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack quoted
2011-10-20 | Washington | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2007-08-18 | Muscat, Oman
Resources
Documents

CSR report 2021

Annual report
2022-05-09 00:00:00 | Bank Muscat

Annual report 2021

Annual report
2022-05-03 00:00:00 | Bank Muscat

CSR Report 2020

Annual report
2021-06-01 00:00:00 | Bank Muscat

Annual report 2020

Annual report
2021-05-31 00:00:00 | Bank Muscat

Annual report 2019

Annual report
2020-09-29 00:00:00 | Bank Muscat

CSR report 2019

Annual report
2020-09-29 00:00:00 | Bank Muscat

Annual report 2018

Annual report
2019-07-31 00:00:00 | Bank Muscat

CSR report 2018

Annual report
2019-07-31 00:00:00 | Bank Muscat

Annual report 2017

Annual report
2018-03-31 00:00:00 | Bank Muscat

Sustainability report 2017

Annual report
2018-03-31 00:00:00 | Bank Muscat

Sustainability report 2016

Annual report
2017-06-30 00:00:00 | Bank Muscat

Annual Report 2016

Annual report
2017-01-31 00:00:00 | Bank Muscat

Annual Report 2015

Annual report
2016-03-14 00:00:00 | Bank Muscat

Sustainability Report 2015

Annual report
2016-01-31 00:00:00 | Bank Muscat

Sustainability Report 2014

Annual report
2015-10-13 00:00:00 | Bank Muscat

Sustainability Report 2013

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

Annual Report 2014

Annual report
2015-06-30 00:00:00 | Bank Muscat

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

Correspondence
2010-12-18 00:00:00 | Banktrack
Accountability
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.

This page evaluates Bank Muscat's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 200

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 200
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

Average

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 209

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 209
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN%
NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 217

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 217
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 220

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 220
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN

A PHP Error was encountered

Severity: Warning

Message: Division by zero

Filename: bankprofile/response_tracking.php

Line Number: 223

Backtrace:

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/response_tracking.php
Line: 223
Function: _error_handler

File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view

File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 353
Function: lv

File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 483
Function: view

File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 332
Function: content

File: /home/btwebhost/www/btci3/index.php
Line: 321
Function: require_once

NAN