Bank Muscat Wins Global Award for Best Trade Finance Bank

Bank Muscat, Oman’s leading financial institution, has been awarded the prestigious title of “Best Trade Finance Bank” by the international body The Digital Banker, reaffirming its standing as a trailblazer in the region’s banking sector. This global recognition highlights the bank’s strategic focus on innovation, operational excellence, and world-class financial services.

With a market share of over 35% in trade finance and a dedicated team of more than 75 specialists, Bank Muscat continues to play a pivotal role in supporting Oman’s international trade infrastructure.

Ilham bint Murtadha Al Humaid, General Manager of Wholesale Banking, commented on the award:
“At Bank Muscat, we are committed to advancing digital transformation and delivering intelligent financial solutions. This award reflects our continued efforts to elevate client experience through innovation and efficiency.”

Among its most notable advancements, Bank Muscat launched the DigiTrade platform, a digital channel that allows corporate clients to execute trade finance operations seamlessly from their offices or homes. The platform is designed to streamline procedures, speed up execution, and offer a wide array of services — all within a secure and user-friendly environment.

In parallel, the bank continues to invest in human capital development, encouraging employees to attain international certifications such as CDCS and CITF, empowering them to deliver expert service tailored to complex trade finance needs.

This achievement adds to Bank Muscat’s impressive list of accolades, including:

• Gold Award for Innovation in Corporate Banking (Infosys Finacle Awards)
• Best Digital Corporate Bank in Oman (Global Finance)
• Best Bank for Large Corporates (Oman Economic Review)
• and inclusion in Forbes Middle East’s list of the region’s most powerful banks