Bank Muscat SAOG 2022 Annual Report with Sustainability Disclosures
The report highlights Bank Muscat's financial and operational performance for the fiscal year 2022, marking its 40th anniversary of contributions to Oman's socio-economic development. The bank achieved a net profit of RO 200.75 million, representing a 5.9 percent increase from the previous year, driven by digital transformation and customer-centric initiatives. Key achievements include expanding its digital banking devices to 821, launching digital onboarding, and growing registered mobile and internet banking users to 1.4 million. In sustainability, the bank continued its Green Sports program, supporting 20 new sports teams, and distributed essential household appliances to over 200 social welfare families through the Tadhamun program.
Company: Bank Muscat SAOG
Sector: Finance & insurance
Country: Oman
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 261
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Bank Muscat SAOG
Annual Report
The report highlights Bank Muscat's financial and operational performance for the fiscal year 2022, marking its 40th anniversary of contributions to Oman's socio-economic development. The bank achieved a net profit of RO 200.75 million, representing a 5.9 percent increase from the previous year, driven by digital transformation and customer-centric initiatives. Key achievements include expanding its digital banking devices to 821, launching digital onboarding, and growing registered mobile and internet banking users to 1.4 million. In sustainability, the bank continued its Green Sports program, supporting 20 new sports teams, and distributed essential household appliances to over 200 social welfare families through the Tadhamun program.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees