Bank Muscat
Top 50 Banks in The Middle East

Rank: 23

Bank Muscat

Date of Establishment: 1982
Country: Oman
CEO: Waleed Khamis Al Hashar

Sales: $1.7 billion

Profits: $424 million

Assets: $32.3 billion

Market Value: $3.8 billion

Bank Muscat has branches in Oman, Saudi Arabia and Kuwait, and representative offices in Dubai, Iran, and Singapore. In 2020, it further expanded its network to 173 branches across Oman. The bank donated money to Oman’s Ministry of Health in 2020 to support the fight against the pandemic. In April 2021, it contributed around $2.6 million to help buy COVID-19 vaccines.