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Banks (Finance)

Bank Muscat Achieves $3.5 Billion in Assets Under Management, Wins Best Bank for Alternative Investments Award

Strategic Insights

— 2 min read

Bank Muscat, the leading financial services provider in the Sultanate of Oman, has demonstrated its leadership in the MENA region with Assets Under Management (AUM) of US$ 3.5 billion as of 31st March, 2025. The Bank has been awarded The Best Bank for Alternative Investments at the Euromoney Private Banking Awards 2025. This achievement is a testament to the excellent performance of Bank Muscat's Asset Management team and its capabilities in managing Real Estate across asset classes and local and regional markets.

Key Takeaways:

  • Bank Muscat has achieved Assets Under Management (AUM) of US$ 3.5 billion as of 31st March, 2025, making it one of the top asset managers in the MENA region.
  • The Bank has been awarded The Best Bank for Alternative Investments at the Euromoney Private Banking Awards 2025, recognizing its expertise in managing Real Estate and alternative investments.
  • Bank Muscat's Asset Management Department (AMD) has a track record of managing funds and portfolios since 1993 and offers a wide range of investment solutions covering equities, fixed income, real estate, and alternate investments.
  • The Izdihar Real Estate Fund, managed by AMD, is the flagship real estate fund for investing into income-generating real estate assets and has over the last 8 years invested into assets worth c. US$ 227 million.
  • The Fund now manages c.102,000 sqm of leasable space with an average occupancy of 98% across its properties and has performed well, distributing average dividends of c.8% p.a. since inception.
  • Bank Muscat's AMD currently manages two other funds with AUM in excess of US$ 175 million and has successfully exited and wound down two real estate funds in Saudi Arabia and the UAE, generating double-digit returns for investors.

Statistics:

  • US$ 3.5 billion: Bank Muscat's Assets Under Management (AUM) as of 31st March, 2025.
  • c. US$ 227 million: The total value of assets invested by the Izdihar Real Estate Fund over the last 8 years.
  • c.102,000 sqm: The total leasable space managed by the Izdihar Real Estate Fund.
  • 98%: The average occupancy rate of the Izdihar Real Estate Fund's properties.
  • c.8% p.a.: The average dividend distribution of the Izdihar Real Estate Fund since inception.

Sources:

  • Bank Muscat - "Bank Muscat continues to demonstrate its leadership as one of the top asset managers in the MENA region with Assets Under Management (AUM) of US$ 3.5 billion as of 31st March, 2025."
  • Euromoney Private Banking Awards 2025 - "The Best Bank for Alternative Investments" award won by Bank Muscat.

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