Oman · Financial institution
Bank Muscat Saog Bank Muscat Head Office
Legal name in the LEI recordبنك مسقط
Bank Muscat SAOG is an Omani public joint stock company (SAOG) with its head office in Airport Heights, Seeb, Muscat. Its largest shareholder is Royal Court Affairs, and its shares are listed on the Muscat Stock Exchange. It provides corporate, personal, wholesale and investment banking, as well as asset management and private banking. It offers Islamic banking through its Meethaq window. Outside Oman it has branches in Saudi Arabia and Kuwait. In November 2023 Royal Court Affairs and Ominvest acquired the stake previously held by Dubai Financial Group.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- BMUSOMRXXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BMUSOMRX directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 2 branch codes
- BIC first registered
- 1996-06-01
- Last updated
- 2023-05-12
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Publicly listed
Tickers BKMB · BKM
Institution type
Universal bank
Trades as bank muscat
- Ownership
- Royal Court Affairs holds about 27% and Omani International Development and Investment Company SAOG (Ominvest) also holds a significant stake, with the rest listed on the Muscat Stock Exchange.
- Major shareholders
- Royal Court Affairs 27.3% · 19 Nov 2023
Oman International Development and Investment Company SAOG (Ominvest) - Stock listings
- Muscat Stock Exchange BKMB
London Stock Exchange (GDRs) BKM - Head office
- Building No. 120/4, Block No. 311, Street No. 62, Airport Heights, Seeb (PO Box 134), 112 Muscat, Oman
- Company register
- Commercial Registration No. 1145738 (published as 1/14573/8), Sultanate of Oman
Business lines
The bank reports five segments: corporate, personal, wholesale, international and Islamic banking. Islamic banking operates as the Meethaq window.
Online
- Websites & references
- bankmuscat.com ↗ did not load when checked
bankmuscat.om ↗ alternative official domain (English and Arabic site, investor relations documents)
meethaq.om ↗ Meethaq Islamic Banking window
Wikipedia ↗ - Official social accounts
- None found
Sources · 13 pages consulted
- bankmuscat.com/en/about/pages/bod.aspx
- bankmuscat.om/ar/about/pages/bod.aspx
- bankmuscat.om/en/investorrelations/AnnualReports/Annual_Results_2025_EN.pdf
- bankmuscat.om/en/investorrelations/AnnualReports/Shareholders_book_2025_EN.pdf
- meethaq.om/en/about/Documents/Meethaq_IBMB_TC_EN.pdf
- pressreader.com/oman/muscat-daily/20260716/281646786901378
- thearabianstories.com/2026/07/15/bank-muscat-posts-net-profit-of-ro-137-49-million-for-the-six-months-ended-30-
- finance.yahoo.com/markets/stocks/articles/bank-muscat-saog-mus-bkmb-010610629.html
- wa-gulf.com/1167772
- omanobserver.om/article/1145824/business/banking/royal-court-affairs-ominvest-boost-stake-in-bank-muscat
- mubasher.info/markets/msm/stocks/BKMB/profile
- cbonds.com/company/29383/
- en.wikipedia.org/wiki/Bank_Muscat
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Sheikh Waleed bin Khamis Al Hashar Chief Executive Officer
- Chair
- Sheikh Khalid bin Mustahail Al Mashani Chairman of the Board of Directors
- Executive
- Sheikh Ahmed bin Hamed bin Hilal Al Sadi Deputy Chairman of the Board of Directors
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Oman
- Central Bank of Oman Central bankPrudential supervisorAML supervisor
- Oman
- Financial Services Authority (Oman) Securities
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Shareholders at the extraordinary general meeting approved an increase in authorised capital from OMR 800 million to OMR 1.2 billion.
wa-gulf.com ↗ -
Other
Royal Court Affairs and Ominvest acquired the Bank Muscat stake previously held by Dubai Financial Group, after Central Bank of Oman approval.
omanobserver.om ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- BMUSOMRXXXX
- How the BIC breaks down
- BMUSBank
- OMCountry · Oman
- RXLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300HC6W6OEXV7SY67
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Oman · Middle East & North Africa
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Bank Muscat group has 2 institutions in the directory, in 2 countries: all hold a BIC.
Including Bankmuscat.
See the Bank Muscat group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- BUILDING NO. 120/4 BLOCK NO. 311 62 AIRPORT HEIGHTS - SEEB SEEB 112 134 OMAN
- Operational address
- BANK MUSCAT HEAD OFFICE 62 AIRPORT HEIGHTS - SEEB BUILDING NO. 120/4 BLOCK NO. 311 MUSCAT 112 MUSCAT SEEB POB 134 OMAN
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>BMUSOMRXXXX</BICFI>
<LEI>549300HC6W6OEXV7SY67</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>BMUSOMRXXXX</BICFI>
<LEI>549300HC6W6OEXV7SY67</LEI>
<Nm>BANK MUSCAT SAOG BANK MUSCAT HEAD OFFICE</Nm>
<PstlAdr>
<Ctry>OM</Ctry>
<AdrLine>BUILDING NO. 120/4 BLOCK NO. 311 62 AIRPORT HEIGHTS - SEEB SEEB 112</AdrLine>
<AdrLine>134</AdrLine>
</PstlAdr>
</FinInstnId>Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
All 2 branch BICs connect to the head office. They are all in Muscat, and no function or registration year splits them further. 3 other banks publish 3 accounts held with this bank.
- Own offices
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Respondent banks
From the correspondent lists other banks publish
3 other banks publish 3 accounts held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| OMR | Deutsche Bank AG Germany | BMUSOMRX | OM58 0270 0010 0001 4990 023 | FX and FX options cash | corporates.db.com ↗ dated 13 Jul 2026 |
| OMR | Emirates Islamic Bank (Public Joint Stock Company) United Arab Emirates | BMUSOMRXXXX | 0001000018310019 | — | emiratesislamic.ae ↗ |
| OMR | National Bank of Fujairah United Arab Emirates | BMUSOMRX | 0001000016340158 | FX/MM/Derivatives/Commercial | nbf.ae ↗ dated Oct 2025 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| BMUSOMRXISL | ISLAMIC BANKING | Muscat | MUSCAT MUSCAT OMAN | — | 2023-05-12 |
| BMUSOMRXTBG | TRANSACTION BANKING GROUP | Muscat | BANK MUSCAT HEAD OFFICE 62 AIRPORT HEIGHTS - SEEB BUILDING NO. 120/4 BLOCK NO. 311 MUSCAT 112 MUSCAT SEEB POB 134 OMAN | — | 2023-05-12 |
Claim this profile
Work at Bank Muscat Saog Bank Muscat Head Office?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
- 01Submit Tell us who you are, using your work email.
- 02We verify We check the email domain and confirm your role with the bank. This usually takes up to five business days.
- 03Profile claimed The page is marked as claimed and verified. You can send us corrections at any time.
Claim received
Thank you. We will email your work address once the claim is verified. Until then, the page stays unclaimed.
The claim was not sent. Try again, or email contact@elucidate.co.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: bankmuscat.om (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
Book a demo