Standard Chartered officially inaugurates new Oman headquarters
Date
2/11/2018 12:47:37 AM
(MENAFN- Muscat Daily) Muscat- Standard Chartered announced the official inauguration of its new Oman headquarters office by H E Tahir bin Salim al Amri, executive president of the Central bank of Oman (CBO). This marks the bank's kick-off to its 50th anniversary celebrations and being in Oman since 1968.
According to a press release, the ceremony was attended by senior CBO and Standard Chartered officials and took place at the bank's Oman new headquarters in Azaiba, Muscat.
H E Amri said, 'The CBO takes great pleasure in congratulating Standard Charted Bank on the opening of its new office in the sultanate as part of its 50th anniversary celebration. The banking sector in Oman has made rapid strides over the years, contributing significantly in the growth of the economy by providing adequate credit and other banking services.
Standard Chartered has been an active member of the banking consortium that met the evolving development needs of the economy. We are indeed glad to note that the bank has been actively providing banking services to both large corporates and small and medium enterprises (SMEs). We are quite hopeful that the bank will continue to support the economic activities in Oman during these challenging times with special focus on inclusive growth. Towards this end, the CBO would extend all necessary support to facilitate the bank to carry out its functions smoothly.'
Sunil Kaushal, regional CEO of Africa and the Middle East (AME) at Standard Chartered, said, 'We are proud to launch a new chapter in our bank's history with the official opening of our new Standard Chartered Oman headquarters. With our new flagship office, we look to strengthen our capabilities and resources here to better serve the evolving needs of our clients, especially in the face of emerging technologies and client needs. Oman's strategic position along international trade routes well supports the bank's global strategy in facilitating trade, commerce and investment across our footprint.'
Gurcharan Kadan, CEO of Standard Chartered Oman said, 'This year, we celebrate 50 years of presence in Oman, where we are proud to have contributed to the country's economy and development throughout the years. The support of the CBO and our clients has been instrumental in our success throughout the past 50 years. This inauguration only reiterates our 'Here for good' promise and commitment to the country, our clients and to the development of our local talent.'
Standard Chartered Oman recently acted as joint lead manager of Oman's largest bond issuance that took place in January 2018.
MENAFN301102201800490000ID1096407529
--MENAFN301102201800490000ID1096407529-->
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.