BankDhofar adjudged best bank in Sultanate by CPI Financial
Published: Jun 07, 2014
Source: Oman Daily Observer


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BankDhofar adjudged best bank in Sultanate by CPI Financial

MUSCAT — BankDhofar has been awarded the best bank in Oman by CPI Financial. Abdul Hakeem Omar Al Ojaili, Acting CEO of BankDhofar has received the award during a gala dinner held recently at the Emirates Towers Hotel in Dubai.

In 2013, BankDhofar has received awards for different aspects of its operations and presence by renowned bodies worldwide as well as locally.  It was named the Best Retail Bank in Oman twice in 2013 by both Global Finance Market Review as well as the Global Banking & Finance review Awards. In addition to that, it was rewarded for the ongoing investment in infrastructure, personnel and improvement on services.
Business Today magazine, a homegrown well-respected publication, also identified BankDhofar among the best banks in Oman in their recent rankings for 2013.

Furthermore, the bank recently collected the highly honoured STP award from Commerzbank, Germany. The distinction recognises BankDhofar’s superior Straight-through-processing (STP) of Euro payments and financial transactions.
The bank also collected accolades for the Best Business Process Management System, as well as one for the most comprehensive and well-designed website, presented by Oman Web Awards 2013.

Maisarah Islamic Banking Services of BankDhofar has won global recognition within months of commencing operations, as it was named Best Islamic Window for 2013 in Oman by the Global Financial Market Awards (GFM).
The bank was also listed among top 20 companies listed on the Muscat Securities Market in 2012. This award is presented by Oman Economic Review magazine and it is an annual ranking based of Fortune 500 model.

To top it all off, BankDhofar surpassed nominees at the recently held Corporate Governance Excellence awards conducted by the Oman Centre for Corporate Governance OCCG of the Capital Market Authority CMA, and was awarded 1st place in the Banking Sector.

The bank’s excellent performance at the awards made it a model candidate for listed companies that are not only in full compliance with Oman’s code of corporate governance but are going beyond the basic requirements set by the CMA and the CBO and operating with best practice principles in mind.
Last quarter of 2013 and first quarters of 2014 have witnessed launch and presentation of unique and special offerings & services for the customers.

The year started with the announcement of One Million Rials winners as part of 2013 Savings Account Scheme. Followed by the announcement of 2014 scheme which celebrates the distribution of more than 15 million rials which fulfilled customers’ dreams for decades, the prizes has been increased to  RO 2000 daily and RO 20,000 weekly which increase the number of winners to a grand total of 270 by the end of the year.

End of 2013 also witnessed the launch of state-of-the-art mobile banking services where customers can benefit from variety of services; these include accounts and card enquiries, third party and account transfers, statement checks, cheque book requisition, utility payment and mobile credit recharge.
BankDhofar’s mobile banking system also serves as an information channel for exchange rates, latest banking promotions, besides providing a 24-hour contact window to the bank.

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