DUBAI, Dec 1 (Reuters) - Bank Muscat BMAO.OM , Oman's top lender, said the bank will recover the $39 million it lost in a global pre-paid card fraud after insurers agreed to indemnify the loss. In a ...

Muscat – Fitch Ratings on Monday affirmed Bank Muscat’s Long-Term Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook. The agency also affirmed the bank’s Viability Rating (VR) at ‘bb+’. Bank ...

Sheikh Waleed K. Al Hashar, CEO of Bank Muscat, discusses the challenges of operating during the pandemic and how Omani banks will meet customer needs going forward. Global Finance: How did the Omani ...

Bank Muscat is the leading bank in Oman and one of the leading bancassurance providers in the Middle East. The bank’s million plus customers and extensive distribution network of 138 branches ...

DUBAI, Feb 25 (Reuters) - Bank Muscat, Oman's largest lender by market value, is opening a representative office in Iran, the bank said on Thursday, underlining rapid growth in business ties between ...

Huawei Consumer Business Group (CBG) has collaborated with Bank Muscat, the Sultanate’s leading financial institution, to bring the Bank Muscat mobile banking app on HUAWEI’s AppGallery. Huawei ...

Bank Muscat will issue 161.57 million new shares at 1.475 rials ($3.83) per share through a private share sale with Dubai Financial, the bank said in a statement on Saturday. The transaction, which ...

Bank Muscat, Oman's largest bank with assets over $3.5 billion, is eyeing the country's largest life insurer, National Life - an Onic Holding subsidiary. Bank Muscat already holds 2 per cent stake in ...

BANGALORE: Bank Muscat has decided to shelve its takeover plans and instead, will float a subsidiary in India in the next couple of months. bangalore: bank muscat has decided to shelve its takeover ...

In a surprise move, both banks yesterday separately informed the Muscat Securities Market (MSM) that their boards of directors were meeting today to consider a possible merger. As soon as the news ...

DUBAI (Reuters) - Bank Muscat , the main victim of a $45 million global cyber heist, is examining all options to recover the money it lost in an unprecedented fraud brought to light by U.S.