MUSCAT -- BankMuscat and Lloyds TSB Middle East belonging to one of the world's largest banking groups, have signed a deal to extend Lloyds TSB international services to BankMuscat customers. The agreement facilitates direct access for BankMuscat customers to Lloyds TSB's offshore products such as premier international accounts, international mortgage services and savings products, including the offshore limited edition deposit. The Lloyds TSB products will be offered through the Expat Services division of BankMuscat.
Sulaiman al Harthy, Group DGM -- Consumer Banking, said: "The synergy emanating from this exclusive deal between the leading financial institutions in Oman and the United Kingdom will offer tremendous banking and investment opportunities for our customers. BankMuscat is delighted to extend Lloyds TSB's prestigious services, notably the premier international account and international mortgages, which significantly enhance the offering to customers and facilitate attractive investment opportunities."
Commenting on the deal, Richard Hextall, Head of Personal Banking, Lloyds TSB Middle East, said, "At Lloyds TSB Middle East we feel it is extremely important to be able to offer our customers a full suite of high quality products to suit their needs. Banking offshore continues to prove extremely popular in the region and we are pleased to be able to offer this service, for the first time, to BankMuscat customers as well."
By Staff Reporter
© Oman Daily Observer 2010
