preview

Background Of Bank Muscat

Better Essays

Bank Muscat SAOG (BKMB).

Company Purpose:
Bank Muscat SAOG (known as: Bank Muscat) is a public company, listed on Muscat Securities Market since January 2007. Bank Muscat operates within the Banks sector focusing on Diversified Banks. It has 11 subsidiaries operating across Southern and Central Asia and Middle East. Bank Muscat is based in Muscat, Oman and was established in July 1982.
Company Establish Date:
06 July 1982
Financial Year Start:
First Quarter
Auditor:
Price Water House Coopers

Contacts:

Address
Building No. 120/4 Block No.: 311, Airport Heights , Seeb Street No.: 62 , PO Box134, Postal Code 112, Muscat, Sultanate of Oman
Phone
+968 2 4768888
Fax
+968 2 4797865
Website
www.bankmuscat.com
Email
info@bankmuscat.com

1.5.2. General …show more content…

We take advantage of our infrastructure and our resources, and we are working on the synergy between the business units.

o Execution:
We do our business quickly and intelligently. We create a stimulating work environment and work through them to communicate with others. Reward the good performers and celebrate the distinctive results. We do not allow bureaucracy that disrupts our work.

o Quality:
We do our works the right way from the first time through thoughtful planning and in-depth.

o Integrity:
We act wisely and are committed to the highest standards of ethical and professional behavior. Dealing directly with the utmost transparency, honesty and respect each other and appreciate the differing views among us. We commit ourselves to the fullest state regulations and laws.

2. Literature reviews:

2.1. Open market operations

According to Campbell,R "The term open market operation indicate to the buying and selling of government bonds by the Federal Reserve Bank in the open market –that is ,the buying and selling of bonds from or to com-material bank and general public

Get Access