THE MIDDLE EAST'S

TOP 30 BANKS 2022

26. Bank Muscat

Country : Oman
CEO: Waleed Khamis Al Hashar
Market value: $5.1 billion
Revenues: $1.7 billion
Profits : $494 million
Assets: $34 billion

Bank Muscat has branches in Oman, Saudi Arabia, and Kuwait, and representative offices in Dubai, Iran, and Singapore. The bank recorded net profits of $494 million in 2021, an increase of 16.1%. The bank has provided social welfare support for more than 1,080 Omani families through its “Tadhamun” program, in cooperation with the Omani Ministry of Social Development.