Work on BankMuscat's new 32,000 sq m state-of-the-art head office building is progressing at Airport Heights, Seeb.

The RO36 million ($93.83 million) project is expected to be completed in 2009. 

“BankMuscat growth strategy in Oman hinges on three pillars: people, technology and infrastructure. As the bank has grown over the years, we have tried to employ, nurture and partner with some of the finest Omani talent in the country. Our HR processes have also been widely recognised and acclaimed in the awards and accolades we have won as an ‘employer of choice’ and the ‘Best Place to Work’ in the country,” said CEO of BankMuscat AbdulRazak Ali Issa.

“We believe that our technology orientation has also been amongst the best in the region, as we believe, technology allows us to build and offer a truly differentiated banking experience to our customers,” he added.

The bank has entered into a 50-year lease agreement with Internal Security Services (ISS) pension fund, which has agreed to build a custom-designed Head Office complex for the bank. The bank head office currently operates out of 11 buildings in Muscat.
 
“Our partner, ISS pension fund, has awarded the contract for construction of the new BankMuscat head office project to Galfar Engineering and Contracting SAOG. The lead architects to the project are WS Atkins International & Co.; the project manager, Mace International Ltd and the IT and Security Consultant, Sinclair Knight Merz (SKM),” said member of the Head Office project steering committee for BankMuscat Waleed Al Hashar. – TradeArabia News Service