Activities
HSBC Bank Oman is a public company, based in Muscat (Oman) and was established in January 1979. HBMO was formerly known as Oman International Bank and is listed on stock markets in the following countries: Muscat, London, Hong Kong, New York, Paris, and Bermuda. It became listed on the Muscat Securities Market in January 1980. It is among the world's largest banking and financial services organizations, serving around 38 million customers. It operates through four global businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking. The Retail Banking and Wealth Management segment provides personal banking, consumer finance, and wealth management products for individual customers; the Commercial banking segment is responsible for receivables financing services, international trade finance, insurance, payments and cash management, commercial cards, treasury and capital markets, cash and derivatives in foreign exchange and rates, and direct and online banking offerings. The Global Banking and Markets segment deals in providing financial solutions to government, corporate, and institutional clients. The bank covers a network of around 67 countries and territories in Asia, Europe, the Middle East and Africa, North America and Latin America. Currently, the bank has around 3,900 offices worldwide, and one subsidiary operating across Oman, working on Specialized Finance.
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