Bank Muscat, the flagship financial services provider in the Sultanate, will widen its network with a state-of-the-art branch at Madinat Sandan. An agreement to this effect was signed recently by Sulaiman Hamed Al Harthi, Group Chief Personal Banking Officer, Bank Muscat, and Ali Hassan Sulaiman, CEO of Madinat Sandan.
Sulaiman Hamed Al Harthi, Group Chief Personal Banking Officer, Bank Muscat, thanked the management of Madinat Sandan on the occasion and said: “Madinat Sandan is one of the newest industrial developments in the region and promises to play a critical role in creating a bright future for Oman. Bank Muscat is very happy to open a branch within this very important project so as to be able to provide various banking services, products and facilities to workers within the industrial city as well as other individual and corporate customers in the area.
He added: “The expanding branch network, especially in areas where developmental activities are gaining momentum, highlights Bank Muscat’s focus to remain the nation’s bank of first choice. With the widest reach in serving customers and the largest banking network of over 160 branches in the Sultanate, Bank Muscat is committed to meeting customer expectations at all levels.”
Ali Hassan Sulaiman, CEO of Madinat Sandan, said: “Madinat Sandan has been designed as an integrated light industrial city where banking and other financial services will be available in close proximity to cater to the needs of the commercial enterprises, small and medium enterprises and individual customers visiting the city. We are proud to have Bank Muscat, Oman’s leading financial services provider, open a branch in Madinat Sandan. We are pleased that our customers will benefit from the diversified product offerings available through this branch including opening of bank accounts and applying for loans as well as custom-made financial services for their business requirements.”
Setting new benchmarks in Oman’s banking sector, Bank Muscat offers a complete range of banking products and services through its more than 160 branches and over 693 e-banking devices like ATMs and CDMs, including 139 Full Function Machines (FFMs). The corporate philosophy of Bank Muscat is underpinned by the rich Omani culture and traditions and the bank prides itself in its deep understanding of customer needs and offers financial guidance at all levels.
Madinat Sandan is the first integrated city for light industries in the Sultanate. Occupying an area of 250,000 sq. m., its strategic location at Halban will help the industrial city cater to businesses in Muscat and Batinah. With world-class facilities, Sandan has many businesses from the automotive and construction sectors operating on its premises. The industrial city has the largest dealership of used cars in the Sultanate along with other services supporting the automotive market such as insurance offices, financing offices, Sanad offices, warehouses and automotive maintenance workshops as well as auto parts and accessories stores. Companies from sectors such as telecommunications service, travel and tourism, as well as retail and hospitality are also present in Madinat Sandan.
It is worth noting that Sandan Development Company is working on developing several projects, the most prominent of which are the Sandan Industrial City and Myriad Muscat, the first integrated student housing complex in Oman, along with several other projects that will be announced soon. Sandan Development Company focuses on projects based on criteria like adding value to the national economy, uniqueness of innovative ideas and contributing to serving different societal groups after a comprehensive study of the Omani market and its requirements.