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Last update: 2024-06-11 15:04:04

Active

This profile is actively maintained

Last update: 2024-06-11 15:04:04

About

Website	http://www.bankmuscat.com
Headquarters	Markaz Al Tejari Street P.O. Box No.134 Post Ruwi Muscat Oman
CEO/chair	Sheikh Waleed Khamis Al Hashar CEO
Supervisor	Central Bank of Oman
Ownership	listed on London Stock Exchange & Muscat Securities Market Bank Muscat's major shareholder is the Oman sultanate (27.31%). The bank's complete shareholder structure can be accessed here.

Bank Muscat, founded in 1982, is a large commercial bank in the sultanate of Oman. The bank provides corporate banking, retail banking, investment banking, islamic banking, treasury, private banking and asset management services. In addition, the bank has direct and indirect presence in all six Gulf Cooperation Council states, a representative office in Singapore which focuses on financial institutions and trade business, and is an associate in a securities company in India. Bank Muscat was the first Middle Eastern bank to adopt the Equator Principles in 2007.

Sustainability

Commitments

Policies

Voluntary standards

Bank Muscat's most important sustainability commitments can be found at the website sections listed below.

Links

Corporate social responsibility

Bank Muscat has no publicly available bank policies.

Bank Muscat has committed itself to the following voluntary standards:

Global Reporting InitiativeTags: sustainable development | human rights

UNEP Finance InitiativeTags: United Nations | sustainable development

News

BankTrack

Partners

Blog

External

BankTrack news BankTrack blog Partner news Partner blog

Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks

2021-10-26 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance

BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com

BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack mentioned

2011-10-24 | Washington | Social Funds

BankTrack news BankTrack blog Partner news Partner blog

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet

2011-10-23 | Washington | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack mentioned

2011-10-20 | Washington | Environmental Finance

BankTrack news BankTrack blog Partner news Partner blog

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability

2010-07-01 | Nijmegen, the Netherlands | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward

2010-03-15 | Nijmegen, The Netherlands | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change

2010-01-14 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

BankMuscat Adopts the ‘Equator Principles’. First Bank from across the Middle East to take this ‘environment-friendly’ stand.

2007-08-18 | Muscat, Oman

Resources

Documents

CSR report 2023

2024-06-11 00:00:00 | Bank Muscat

Annual report 2023

2024-06-11 00:00:00 | Bank Muscat

CSR report 2022

2023-05-09 00:00:00 | Bank Muscat

Annual report 2022

2023-05-09 00:00:00 | Bank Muscat

CSR report 2021

2022-05-09 00:00:00 | Bank Muscat

Annual report 2021

2022-05-03 00:00:00 | Bank Muscat

CSR Report 2020

2021-06-01 00:00:00 | Bank Muscat

Annual report 2020

2021-05-31 00:00:00 | Bank Muscat

Annual report 2019

2020-09-29 00:00:00 | Bank Muscat

CSR report 2019

2020-09-29 00:00:00 | Bank Muscat

Annual report 2018

2019-07-31 00:00:00 | Bank Muscat

CSR report 2018

2019-07-31 00:00:00 | Bank Muscat

Annual report 2017

2018-03-31 00:00:00 | Bank Muscat

Sustainability report 2017

2018-03-31 00:00:00 | Bank Muscat

Sustainability report 2016

2017-06-30 00:00:00 | Bank Muscat

Annual Report 2016

2017-01-31 00:00:00 | Bank Muscat

Annual Report 2015

2016-03-14 00:00:00 | Bank Muscat

Sustainability Report 2015

2016-01-31 00:00:00 | Bank Muscat

Sustainability Report 2014

2015-10-13 00:00:00 | Bank Muscat

Sustainability Report 2013

-Report on core operations of Bank Muscat in Oman-

2015-06-30 00:00:00 | Bank Muscat

Annual Report 2014

2015-06-30 00:00:00 | Bank Muscat

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack

Accountability

Grievances

Bank Muscat does not have a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.

This page evaluates Bank Muscat's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed

Responded?

Total score

Response

Action

Monitoring

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