Suhail Bahwan Group collaborates with Bank Muscat to accelerate its Digital Transformation
MUSCAT, August 2022 - Suhail Bahwan Group Holding LLC have signed a cooperation agreement Bank Muscat, the leading financial services provider in the Sultanate to accelerate the Group’s digital transformation by expanding the bank’s cutting edge digital solution coverage within the group.
The agreement was signed recently by Sheikha Amal Suhail Bahwan, Vice Chairperson and Ms. Ilham Murtadha Al Hamaid, General Manager, Corporate Banking, Bank Muscat.
Through this agreement, Bank Muscat will leverage its digital capabilities in providing industry proven innovative solutions of B2B payments, account services, collections & receivables and liquidity management to our Group for making our entire transaction process efficient, seamless, and secure.
Speaking on the digital transformation Sheikha Amal Suhail Bahwan said, "The case for digital transformation has never been so clear. The digitalization will immensely benefit our customers, partners, and employees. The new digital initiatives will act as a catalyst in shaping our journey to become a future ready and sustainable organization. A shift to digital typically brings in a host of benefits including efficiency, cost reduction, accountability, speed and scalability to our group which enables us to stay ahead of the market change."
Ms Ilham Murtadha al Hamaid said, “We are further strengthening our long-standing relationship with Suhail Bahwan Group Holding, with our new age digital solutions accelerating the digital and process transformation initiatives within the group.
This agreement further enhances the existing relationship of Bank Muscat with Suhail Bahwan Group Holding, which includes wide range of banking solutions and services comprising of corporate loans, trade finance services, investments, and digital channel solutions.